New City Development Group Limited — Earnings Release 2000

Sep 22, 2000

Listed Company Information

CHINA EB INT'L<0257> - Results Announcement China Everbright International Limited announced on 22/9/2000: (stock code: 257) Year end date: 31/12/2000 Currency: HK$ (Unaudited) (Unaudited) Last Current Corresponding Period Period from 1/1/2000 from 1/1/1999 to 30/6/2000 to 30/6/1999 ('000) ('000) Turnover : 250,508 292,042 Profit/(Loss) from Operations : 25,895 4,916 Finance cost : (47,532) (48,806) Share of Profit/(Loss) of Associates : 5,038 (101,965) Share of Profit/(Loss) of Jointly Controlled Entities : (3,839) 2,985 Profit/(Loss) after Tax & MI : (26,041) (143,064) % Change over Last Period : N/A EPS/(LPS)-Basic : (1 cent) (6 cents) -Diluted : N/A N/A Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : (26,041) (143,064) Interim Dividend per Share : NIL NIL (Specify if with other options) : N/A N/A B/C Dates for Interim 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) The accounting policies used in the preparation of the interim financial statements are consistent with those used in the annual financial statements for the year ended 31 December 1999. (2) Loss per share (a) Basic loss per share The calculation of loss per share is based on the loss attributable to shareholders of HK$26,041,000 (1999: HK$143,064,000) and on the weighted average number of 2,548,311,700 shares (1999: 2,356,344,032 shares) ordinary shares of the Company in issued during the period. (b) Diluted loss per share Diluted loss per share is not shown as the potential ordinary shares are anti-dilutive. (3) Comparative Figures Certain comparative figures have been reclassified to conform with the current presentation as required under Hong Kong SSAP 1 (revised) "Presentation of financial statements".