Sinopec Engineering Group Co Ltd. — Earnings Release 2002

Mar 18, 2002

Listed Company Information

UNIVERSE INT'L<01046> - Results Announcement (Summary) Universe International Holdings Limited announced on 18/3/2002: (stock code: 1046) Year end date: 30/6/2002 Currency: HKD Auditors' Report: Neither Review of Interim Report by: Both Audit Committee and Auditors (Unaudited) (Unaudited) Last Current Corresponding Period Period from 1/7/2001 from 1/7/2000 to 31/12/2001 to 31/12/2000 ('000) ('000) Turnover : 160,440 141,026 Profit/(Loss) from Operations : 30,763 31,842 Finance cost : (1,685) (3,577) Share of Profit/(Loss) of Associates : - - Share of Profit/(Loss) of Jointly Controlled Entities : - - Profit/(Loss) after Tax & MI : 24,459 24,025 % Change over Last Period : +1.8% EPS/(LPS)-Basic : 2.57 cents 2.54 cents -Diluted : 2.33 cents 2.32 cents Extraordinary (ETD) Gain/(Loss) : - - Profit/(Loss) after ETD Items : 24,459 24,025 Interim Dividend per 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 Remarks: 1. Basis of calculation for EPS of the current period a) Basic Earning Per Share: The calculation of basic EPS is based on the Group's profit attributable to shareholders of approximately HK$24,459,000 (2000: HK$24,025,000) and on the weighted average of 952,976,616 ordinary shares in issue (2000: 945,000,000 ordinary shares) during the period. b) Diluted Earning Per Share: The calculation of diluted EPS is based on the Group's profit attributable to shareholders of approximately HK$24,459,000 (2000: HK$24,025,000) plus interest after taxation on convertible notes of approximately HK$462,000 (2000: HK$391,000) and on 1,068,543,849 ordinary shares (2000: 1,053,231,711 ordinary shares), which is the weighted average number of ordinary shares in issue during the period plus the weighted average of 115,567,233 ordinary shares (2000: 108,231,711 ordinary shares) deemed to be issued if all outstanding options and convertible notes had been exercised. 2. Turnover has been reclassified to conform to the current period's presentation.