MS Group Holdings Limited — Earnings Release 2003

Dec 20, 2002

Listed Company Information

U-RIGHT INT'L<00627> - Results Announcement U-Right International Holdings Limited announced on 20/12/2002: (stock code: 00627 ) Year end date: 31/03/2003 Currency: HKD Auditors' Report: N/A Review of Interim Report by: Audit Committee (Unaudited ) (Unaudited ) Last Current Corresponding Period Period from 01/04/2002 from 01/04/2001 to 30/09/2002 to 30/09/2001 Note ('000 ) ('000 ) Turnover : 263,300 213,819 Profit/(Loss) from Operations : 20,947 39,279 Finance cost : (5,654) (5,566) Share of Profit/(Loss) of Associates : N/A N/A Share of Profit/(Loss) of Jointly Controlled Entities : (397) N/A Profit/(Loss) after Tax & MI : 19,084 29,713 % Change over Last Period : -35.77 % EPS/(LPS)-Basic (in dollars) : 0.018 0.036 -Diluted (in dollars) : N/A N/A Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : 19,084 29,713 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: 1. Earnings per Share The calculation of basic earnings per share for the period ended 30 September 2002 is based on the Group's net profit attributable to shareholders of HK$19,084,000 (2001: HK$29,713,000) and the weighted average number of 1,040,921,346 ordinary shares (2001: 825,000,000 shares) in issued during the period. Diluted earnings per share for the periods ended 30 September 2002 and 30 September 2001 had not been shown as the warrants outstanding during the periods had an anti-dilutive effect on the basic earnings per share for the periods. 2. Comparative Amounts Certain comparative amounts have been reclassified to confirm with the current period's presentation.