Sinopec Engineering Group Co Ltd. — Earnings Release 2003

Oct 20, 2003

Listed Company Information

UNIVERSE INT'L<01046> - Results Announcement Universe International Holdings Limited announced on 20/10/2003: (stock code: 01046 ) Year end date: 30/06/2003 Currency: HKD Auditors' Report: Unqualified (Audited ) (Audited ) Last Current Corresponding Period Period from 01/07/2002 from 01/07/2001 to 30/06/2003 to 30/06/2002 Note ('000 ) ('000 ) Turnover : 251,246 306,741 Profit/(Loss) from Operations : (32,989) 24,657 Finance cost : (1,103) (9,792) Share of Profit/(Loss) of Associates : N/A N/A Share of Profit/(Loss) of Jointly Controlled Entities : N/A N/A Profit/(Loss) after Tax & MI : (29,456) 10,027 % Change over Last Period : N/A % EPS/(LPS)-Basic (in dollars) : (0.0308) 0.0105 -Diluted (in dollars) : N/A 0.0104 Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : (29,456) 10,027 Final Dividend : NIL NIL per Share (Specify if with other : N/A N/A options) B/C Dates for Final Dividend : N/A Payable Date : N/A B/C Dates for (-) General Meeting : N/A Other Distribution for : N/A Current Period B/C Dates for Other Distribution : N/A Remarks: Basis of calculation for EPS of the current period (a) Basic (Loss)/Earnings Per Share: The calculation of basic (loss)/earnings per share is based on the Group's loss attributable to shareholders of approximately HK$29,456,000 (2002: profit of HK$10,027,000) and on the weighted average number of 956,403,580 ordinary shares in issue (2002: 954,619,681) during the year. (b) Diluted Earnings Per Share: The diluted loss per share for the year ended 30th June 2003 is not presented because the effect of the assumed conversion of all potential dilutive ordinary shares outstanding during the year is anti-dilutive. The calculation of diluted earnings per share for the year ended 30th June 2002 was based on the Group's profit attributable to shareholders of approximately HK$10,027,000 and on 967,417,025 ordinary shares which is the weighted average of ordinary shares in issue during the year plus the weighted average of 12,797,344 ordinary shares deemed to be issued at no consideration if all outstanding options had been exercised. The potential shares arising from the exercise of the convertible notes would increase the earnings per share of the Group for the year ended 30th June 2002 and would be regarded as anti- dilutive.