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Silkwave Inc Earnings Release 2001

Sep 24, 2001

49233_rns_2001-09-24_dcffdb13-0529-4611-aa70-e933a8ba74c8.htm

Earnings Release

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Listed Company Information

SOUTH CHINA H<00265> - Results Announcement (Summary)

South China Holdings Limited announced on 24/9/2001:
(stock codes: Ord: 265 & War: 357)
Year end date: 31/12/2001
Currency: HKD (Unaudited)
(Unaudited) Last
Current Corresponding
Period Period
from 1/1/2001 from 1/1/2000
to 30/6/2001 to 30/6/2000
('000) ('000)
Turnover : 771,044 1,037,570
Profit/(Loss) from Operations : 23,796 (28,321)
Finance cost : (11,508) (10,806)
Share of Profit/(Loss) of Associates : 723 (10,733)
Share of Profit/(Loss) of
Jointly Controlled Entities : - -
Profit/(Loss) after Tax & MI : 13,632 1,547
% Change over Last Period : +781.19%
EPS/(LPS)-Basic : 2.99 cents 0.34 cent
-Diluted : N/A N/A
Extraordinary (ETD) Gain/(Loss) : - -
Profit/(Loss) after ETD Items : 13,632 1,547
Interim Dividend per Share : 0.1 cent 5.0 cents
(Specify if with other options) : N/A N/A
B/C Dates for Interim Dividend : 12/10/2001
Payable Date : 23/10/2001
B/C Dates for (-) General Meeting : N/A
Other Distribution for Current Period : None
B/C Dates for Other Distribution : N/A

Remark:

The calculation of basic earnings per share is based on the profit
attributable to shareholders of approximately HK$13,632,000 (2000:
HK$1,547,000) and on the weighted average number of approximately
455,663,000 shares (2000: 455,663,000 shares) in issue during the period.

Diluted earnings per share is not shown, as there is no dilution effect
for both periods.