Novautek Technologies Group Limited — Earnings Release 2002

Oct 25, 2002

Listed Company Information

APPLIED INT'L<00519> - Results Announcement (Summary) Applied International Holdings Limited announced on 25/10/2002: (stock codes: Ord: 519 & War: 744) Year end date: 30/6/2002 Currency: HK$ Auditors' Report: Unqualified Review of Interim Report by: N/A (Audited) (Audited) Last Current Corresponding Period Period from 1/7/2001 from 1/7/2000 to 30/6/2002 to 30/6/2001 ('000) ('000) Turnover : 191,895 210,800 Profit/(Loss) from Operations : (34,671) (32,924) Finance cost : (5,259) (7,732) Share of Profit/(Loss) of Associates : - - Share of Profit/(Loss) of Jointly Controlled Entities : - - Profit/(Loss) after Tax & MI : (27,917) (23,495) % Change over Last Period : N/A EPS/(LPS)-Basic : (3.0 cents) (2.5 cents) -Diluted : N/A N/A Extraordinary (ETD) Gain/(Loss) : Nil Nil Profit/(Loss) after ETD Items : (27,917) (23,495) 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 : 20/11/2002 to 22/11/2002 bdi. Other Distribution for Current Period : Nil B/C Dates for Other Distribution : Nil Remark: Loss per share The calculation of the basic loss per share is based on the net loss for the year of HK$27,917,000 (2001: loss of HK$23,495,000) and on 941,080,745 (2001: 941,080,745) ordinary shares of the Company in issue during the year. No diluted loss 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.