Pacific Basin Shipping Limited — Earnings Release 2000

Aug 22, 2000

Listed Company Information

RISING DEV HOLD<1004> - Results Announcement Rising Development Holdings Limited announced on 22/8/2000: (stock code: 1004) Year end date: 31/3/2000 Currency: HKD (Audited) (Audited) Last Current Corresponding Period Period from 1/4/1999 from 1/4/1998 to 31/3/2000 to 31/3/1999 ('000) ('000) Turnover - Continuing : 145,754 190,511 - Discontinued : - - Operating Profit/(Loss) - Continuing : 25,351 13,299 - Discontinued : - - Total Operating Profit/(Loss) : 25,351 13,299 Share of Profit/(Loss) of Associated Companies : - - Share of Profit/(Loss) of Jointly Controlled Entities : - - Profit/(Loss) after Tax & MI : 23,248 12,880 % Change over Last Period : +80.5% EPS/(LPS)-Basic : 5.8 cents 3.2 cents -Diluted : 5.8 cents N/A Extraordinary (ETD) Gain/(Loss) : - - Profit/(Loss) after ETD Items : 23,248 12,880 Final Dividend per Share : 1.5 cents 1.0 cent (Specify if with other options) : - - B/C Dates for Final Dividend : 18/9/2000 to 25/9/2000 bdi. Payable Date : 25/9/2000 B/C Dates for Annual General Meeting : 18/9/2000 to 25/9/2000 bdi. Other Distribution for Current Period : - B/C Dates for Other Distribution : - Remark: Earnings per share The calculation of basic earnings per share is based on the net profit from ordinary activities attributable to shareholders for the year of approximately HK$23,248,000 (1999: HK$12,880,000) and on the weighted average of 399,480,836 ordinary shares (1999: 400,000,000 ordinary shares) in issue during the year. The diluted earnings per share is based on the net profit from ordinary activities attributable to shareholders for the year of approximately HK$23,248,000 and on 401,929,127 ordinary shares, which is the weighted average of 399,480,836 ordinary shares in issue during the year plus the weighted average of 2,448,291 ordinary shares deemed to be issued at no consideration if all outstanding share options had been exercised.