Planetree International Development Limited — Earnings Release 2000

Sep 8, 2000

Listed Company Information

YUGANG INT'L<0613> - Results Announcement Yugang International Limited announced on 8/9/2000: (stock codes: Ord: 613 & War: 1198) Year end date: 31/12/2000 Currency: HK$ (Unaudited) (Unaudited) Last Current Corresponding Period Period from 1/1/2000 from 1/1/1999 to 30/6/2000 to 30/6/1999 ('000) ('000) Turnover : 352,141 373,788 Profit/(Loss) from Operations : 31,053 14,772 Finance cost : (1,337) (785) Share of Profit/(Loss) of Associates : - (361) Share of Profit/(Loss) of Jointly Controlled Entities : - - Profit/(Loss) after Tax & MI : 15,114 13,626 % Change over Last Period : +11% EPS/(LPS)-Basic : 0.20 cent 0.27 cent -Diluted : 0.19 cent 0.27 cent Extraordinary (ETD) Gain/(Loss) : - - Profit/(Loss) after ETD Items : 15,114 13,626 Interim Dividend per Share : Nil 0.5 cent (Specify if with other options) : N/A N/A B/C Dates for Interim Dividend : N/A Payable Date : N/A B/C Dates for (-) General Meeting : N/A Other Distribution for Current Period : N/A B/C Dates for Other Distribution : N/A Remarks: 1) Comparative Amounts Certain comparative amounts have been reclassified to conform with current period's presentation in order to adopt new SSAP1. 2) Earnings per share The calculation of basic earnings per share is based on the net profit attributable to shareholders for the period of HK$15,114,000 (1999: HK$13,626,000) and on the weighted average of 7,479,461,770 shares (1999: 5,093,640,320 shares, as adjusted) in issue during the period. The calculation of diluted earnings per share is based on the net profit attributable to shareholders for the period of HK$15,114,000 (1999: HK$13,626,000) and on 8,030,630,464 shares (1999: 5,094,717,904 shares, as adjusted), which is the sum of the weighted average of 7,479,461,770 shares (1999: 5,093,640,320 shares, as adjusted) in issue during the period and the weighted average of 532,835,658 shares (1999: nil) and 18,333,036 shares (1999: 1,077,584 shares, as adjusted) assumed to have been issued at no consideration on the deemed exercise of all warrants and all share options, respectively, outstanding during the period.