S E A Holdings Limited — Earnings Release 2000

Mar 30, 2001

Listed Company Information

SEA HOLDINGS<0251> - Results Announcement S E A Holdings Limited announced on 30/3/2001: (stock codes: Ord: 251 & War: 920) Year end date: 31/12/2000 Currency: HKD (Audited) (Audited) Last Current Corresponding Period Period from 1/1/2000 from 1/1/1999 to 31/12/2000 to 31/12/1999 ('000) ('000) Turnover : 775,734 833,062 Profit/(Loss) from Operations : 447,835 493,402 Finance cost : (300,871) (304,527) Share of Profit/(Loss) of Associates : 12,202 17,968 Share of Profit/(Loss) of Jointly Controlled Entities : 22 (371) Profit/(Loss) after Tax & MI : 102,725 150,136 % Change over Last Period : -31.58% EPS/(LPS)-Basic : 20.3 cents 27.8 cents -Diluted : 17.0 cents 24.5 cents Extraordinary (ETD) Gain/(Loss) : - - Profit/(Loss) after ETD Items : 102,725 150,136 Final Dividend per Share : 10 cents 10 cents (Specify if with other options) : - - B/C Dates for Final Dividend : 16/5/2001 to 22/5/2001 bdi. Payable Date : 25/5/2001 B/C Dates for Annual General Meeting : 16/5/2001 to 22/5/2001 bdi. Other Distribution for Current Period : N/A B/C Dates for Other Distribution : N/A Remarks: 1. The calculation of the basic and diluted earnings per share is based on the following data: Year ended 31st December, 2000 1999 HK$'000 HK$'000 Earnings Net profit for the year 102,725 150,136 ======================= Earnings for the purposes of basic earnings per share 102,725 150,136 Effect of dilutive potential ordinary shares : Adjustment to the share of results of subsidiaries/associates based on dilution of their earnings per share (6,591) (3,367) ------------------------- Earnings for the purpose of diluted earnings per share 96,134 146,769 ========================= Number of shares Year ended 31st December, 2000 1999 Weighted average number of ordinary shares for the purposes of basic earnings per share 505,210,911 540,007,406 Effect of dilutive potential ordinary shares Options 4,571,434 2,654,494 Warrants 54,194,947 55,939,326 -------------------------- Weighted average number of ordinary shares for the purposes of diluted earnings per share 563,977,292 598,601,226 =========================== 2. The prior year figures have been reclassified to conform with current year's presentation.