Rego Interactive Co., Ltd — Earnings Release 2002

Aug 1, 2002

Listed Company Information

TIANJIN CAPITAL<01065> - Results Announcement (Summary) Tianjin Capital Environmental Protection Co., Ltd. announced on 1/8/2002: (stock code: 1065) Year end date: 31/12/2002 Currency: RMB Auditors' Report: N/A Review of Interim Report by: Auditors (Unaudited) (Unaudited) Last Current Corresponding Period Period from 1/1/2002 from 1/1/2001 to 30/6/2002 to 30/6/2001 ('000) ('000) Turnover : 243,780 208,354 Profit/(Loss) from Operations : 156,106 141,478 Finance cost : - - Share of Profit/(Loss) of Associates : - - Share of Profit/(Loss) of Jointly Controlled Entities : - - Profit/(Loss) after Tax & MI : 104,641 94,790 % Change over Last Period : +10.39% EPS/(LPS)-Basic : RMB0.08 RMB0.07 -Diluted : N/A N/A Extraordinary (ETD) Gain/(Loss) : - - Profit/(Loss) after ETD Items : 104,641 94,790 Interim Dividend per H Share : NIL NIL (Specify if with other options) : - - 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 Remark: TURNOVER AND SEGMENT INFORMATION An analysis of the turnover and contributions to operating profit for the period by principal activities is as follows: New Exchanged Business Additional New Business Sewage water Sewage Road processing water and toll plant Haihe Bridge processing stations construction management Total Six months ended 30th June 2002 Rmb'000 Rmb'000 Rmb'000 Rmb'000 Rmb'000 Turnover 180,779 36,951 23,630 2,420 243,780 ======================================================================== Segment results 121,465 15,021 18,035 1,585 156,106 Taxation (40,108 ) (4,957 ) (5,952 ) (523 ) (51,540 ) -------------------------------------------------------------------------- Profit after taxation 81,357 10,064 12,083 1,062 104,566 Minority interests 75 - - - 75 -------------------------------------------------------------------------- Profit attributable to shareholders 81,432 10,064 12,083 1,062 104,641 ========================================================================== New Exchanged Business Additional New Business Processing Sewage water Road and plant Haihe Bridge processing toll stations construction management Total Six months ended 30th June 2001 Rmb'000 Rmb'000 Rmb'000 Rmb'000 Rmb'000 Turnover 168,082 40,272 - - 208,354 ======================================================================== Segment results 118,418 23,060 - - 141,478 Taxation (39,078 ) (7,610 ) - - (46,688 ) ------------------------------------------------------------------------- Profit attributable to shareholders 79,340 15,450 - - 94,790 ======================================================================== Pursuant to the PRC tax rules, the Group is subject to PRC business tax levied at 5% of operating revenue and government surcharges levied at 10% of the amount of business tax. The business tax and government surcharges related to revenues derived from the Group during the six months ended 30th June 2002 amounted to Rmb14,188,000 (2001: Rmb12,126,000) and has been deducted from the operating revenue to arrive at the turnover of the Group. No geographical segment analysis is presented since all of the Group's operations are in the PRC.