Melco International Development Limited — Earnings Release 2001

Nov 9, 2001

Listed Company Information

CROCODILE<00122> - Results Announcement (Summary) Crocodile Garments Limited announced on 9/11/2001: (stock code: 122) Year end date: 31/7/2001 Currency: HKD (Audited) (Audited) Last Current Corresponding Period Period from 1/8/2000 from 1/8/1999 to 31/7/2001 to 31/7/2000 Turnover : 679,939,000 727,522,000 Profit/(Loss) from Operations : 12,179,000 (23,993,000) Finance cost : (4,349,000) (5,037,000) Share of Profit/(Loss) of Associates : - - Share of Profit/(Loss) of Jointly Controlled Entities : - - Profit/(Loss) after Tax & MI : 5,877,000 (35,728,000) % Change over Last Period : N/A EPS/(LPS)-Basic : 0.95 cent (5.79 cents) -Diluted : N/A N/A Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : 5,877,000 (35,728,000) Final Dividend per Share : NIL NIL (Specify if with other options) : N/A N/A B/C Dates for Final Dividend : N/A Payable Date : N/A B/C Dates for (-) General Meeting : N/A Other Distribution for Current Period : N/A B/C Dates for Other Distribution : N/A Remarks: 1. Turnover Turnover represents the net invoiced value of goods supplied to customers after allowances for returns and discounts, rental income and revenue from restaurant operations. During the year, the Group ceased to operate its restaurant. As the contribution from the operation of the restaurant was not significant to the Group, no discontinued operations disclosure has been made. 2. Earnings/(Loss) per share Earnings/(Loss) per share is calculated based on the net profit attributable to shareholders of HK$5,877,000 (2000: net loss of HK$35,728,000) and the 617,127,130 (2000: 617,127,130) shares of the Company in issue throughout the year. The diluted earnings/(loss) per share for the years ended 31st July, 2001 and 2000 has not been calculated because no diluting events existed during these years.