Novautek Technologies Group Limited — Earnings Release 2001

Oct 23, 2001

Listed Company Information

APPLIED INT'L<00519> - Results Announcement (Summary) (Revised) Applied International Holdings Limited announced on 22/10/2001: (stock codes: Ord: 519 & War: 744) Year end date: 30/6/2001 Currency: HK$ (Audited) (Audited) Last Current Corresponding Period Period from 1/7/2000 from 1/7/1999 to 30/6/2001 to 30/6/2000 ('000) ('000) Turnover : 210,800 226,852 Profit/(Loss) from Operations : (32,924) 14,219 Finance cost : (7,732) (12,157) Share of Profit/(Loss) of Associates : - 38 Share of Profit/(Loss) of Jointly Controlled Entities : - - Profit/(Loss) after Tax & MI : (23,495) 20,547 % Change over Last Period : N/A EPS/(LPS)-Basic : (2.5 cents) 2.2 cents -Diluted : N/A N/A Extraordinary (ETD) Gain/(Loss) : NIL NIL Profit/(Loss) after ETD Items : (23,495) 20,547 Final Dividend per Share : NIL NIL (Specify if with other options) : NIL NIL B/C Dates for Final Dividend : - Payable Date : - B/C Dates for Annual General Meeting : 23/11/2001 to 27/11/2001 bdi. Other Distribution for Current Period : NIL B/C Dates for Other Distribution : NIL Remarks: 1. Following the release of the final results announcement of Applied International Holdings Limited (the "Company") on Teletext on 22/10/2001, the Company subsequently notified the Exchange that due to the consistence in adopting the basis to calculate the EPS for the year ended 30th June, 2000 and 2001, the loss per share for the year ended 30th June 2001 should be 2.5 Hong Kong Cents instead of 2.6 Hong Kong Cents. 2. (Loss) earnings per share The calculation of the basic (loss) earnings per share is based on the net loss for the year of HK$23,495,000 (2000: profit of HK$20,547,000) and on 941,080,745 (2000: weighted average of 948,742,575) ordinary shares of the Company in issue during the year. No diluted (loss) earnings per share has been presented as the exercise prices of the Company's outstanding share options and warrants were higher than the average market price of the shares of the Company for both years. The computation of diluted (loss) earnings per share does not assume the conversion of the Company's outstanding convertible bonds since their exercise would result in a decrease in loss per share in the current year and an increase in earnings per share in 2000. For more details, please refer to the press announcement today.