Melco International Development Limited — Earnings Release 2003

Apr 17, 2003

Listed Company Information

CROCODILE<00122> - Results Announcement Crocodile Garments Limited announced on 17/4/2003: (stock code: 00122 ) Year end date: 31/7/2003 Currency: HKD Auditors' Report: N/A Review of Interim Report by: Audit Committee (Unaudited ) (Unaudited ) Last Current Corresponding Period Period from 1/8/2002 from 1/8/2001 to 31/1/2003 to 31/1/2002 Note ($ ) ($ ) Turnover : 280,925,000 300,774,000 Profit/(Loss) from Operations : 14,944,000 12,069,000 Finance cost : (623,000) (1,017,000) Share of Profit/(Loss) of Associates : N/A N/A Share of Profit/(Loss) of Jointly Controlled Entities : N/A N/A Profit/(Loss) after Tax & MI : 14,321,000 9,467,000 % Change over Last Period : +51.27 % EPS/(LPS)-Basic (in dollars) : 0.0232 0.0153 -Diluted (in dollars) : N/A N/A Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : 14,321,000 9,467,000 Interim Dividend : NIL NIL per Share (Specify if with other : N/A N/A options) B/C Dates for Interim Dividend : N/A Payable Date : N/A B/C Dates for (-) General Meeting : N/A Other Distribution for : N/A Current Period B/C Dates for Other Distribution : N/A Remarks: EARNINGS PER SHARE Earnings per share is calculated based on the net profit attributable to shareholders of HK$14,321,000 (2002: HK$9,467,000) and the weighted average of 617,127,130 (2002: 617,127,130) shares of the Company in issue throughout the period. Diluted earnings per share for the six months ended 31st January, 2003 and 2002 have not been calculated because no diluting events existed during these periods.