Novautek Technologies Group Limited — Earnings Release 2002

Mar 25, 2002

Listed Company Information

APPLIED INT'L<00519> - Results Announcement (Summary) Applied International Holdings Limited announced on 25/3/2002: (stock codes: Ord: 519 & War: 744) Year end date: 30/6/2002 Currency: HK$ Auditors' Report: Neither Review of Interim Report by: Audit Committee (Unaudited) (Unaudited) Last Current Corresponding Period Period from 1/7/2001 from 1/7/2000 to 31/12/2001 to 31/12/2000 ('000) ('000) Turnover : 111,032 129,284 Profit/(Loss) from Operations : (10,161) (2,612) Finance cost : (2,995) (7,258) Share of Profit/(Loss) of Associates : - - Share of Profit/(Loss) of Jointly Controlled Entities : - - Profit/(Loss) after Tax & MI : (10,460) (9,872) % Change over Last Period : N/A EPS/(LPS)-Basic : (1.11 cents) (1.05 cents) -Diluted : N/A N/A Extraordinary (ETD) Gain/(Loss) : - - Profit/(Loss) after ETD Items : (10,460) (9,872) Interim Dividend per Share : Nil Nil (Specify if with other options) : - - B/C Dates for Interim Dividend : - Payable Date : - B/C Dates for (-) General Meeting : - Other Distribution for Current Period : - B/C Dates for Other Distribution : - Remarks: (1) Accounting Policies This interim condensed financial reports has been prepared in accordance with the principal accounting policies set out in the Company's audited financial statements as at and for the year ended 30th June, 2001 and comply with Statement of Standard Accounting Practice ("SSAP") Number 25 issued by the Hong Kong Society of Accountants ("HKSA") and the disclosure requirements set out in Appendix 16 of the Listing Rules of The Stock Exchange of Hong Kong Limited. (2) Loss Per Share The calculation of the basic loss per share is based on the loss attributable to shareholders of HK$10,460,000 (2000: loss of HK$9,872,000) and on the weighted average of 941,080,745 (2000: 941,080,745) shares in issue during the period. No diluted loss per share amount has been presented for both period as the exercise price of the share options and warrants (2000: share options) were higher than the market price of the Company's shares during both period. (3) Interim Dividend The Directors do not recommend the payment of a dividend for the six months ended 31st December, 2001 (2000: Nil).