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Novautek Technologies Group Limited Earnings Release 2003

Mar 25, 2003

49267_rns_2003-03-25_cd272596-bf18-4ef3-8668-e965d0bb1cb6.htm

Earnings Release

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Listed Company Information

APPLIED INT'L<00519> - Results Announcement

Applied International Holdings Limited announced on 25/03/2003:
(stock code: 00519 )
Year end date: 30/06/2003
Currency: HKD
Auditors' Report: N/A
Review of Interim Report by: Audit Committee

(Unaudited )
(Unaudited ) Last
Current Corresponding
Period Period
from 01/07/2002 from 01/07/2001
to 31/12/2002 to 31/12/2001
Note ('000 ) ('000 )
Turnover : 65,649 111,032
Profit/(Loss) from Operations : (101,438) (10,161)
Finance cost : (3,862) (2,995)
Share of Profit/(Loss) of
Associates : N/A N/A
Share of Profit/(Loss) of
Jointly Controlled Entities : N/A N/A
Profit/(Loss) after Tax & MI : (80,893) (10,460)
% Change over Last Period : N/A %
EPS/(LPS)-Basic (in dollars) : (0.086) (0.0111)
-Diluted (in dollars) : N/A N/A
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit/(Loss) after ETD Items : (80,893) (10,460)
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:

Loss per share

The calculation of the basic loss per share is based on the loss
attributable to shareholders of HK$80,893,000 (2001: loss of
HK$10,460,000) and on 941,080,745 (2001: 941,080,745) ordinary shares of
the Company in issue during the period.

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 periods.