Sinopec Engineering Group Co Ltd. — Earnings Release 2003

Mar 24, 2003

Listed Company Information

UNIVERSE INT'L<01046> - Results Announcement Universe International Holdings Limited announced on 24/03/2003: (stock code: 01046 ) Year end date: 30/6/2003 Currency: HKD Auditors' Report: N/A Review of Interim Report by: Audit Committee (Unaudited ) (Unaudited ) Last Current Corresponding Period Period from 01/07/2002 from 01/07/2001 to 31/12/2002 to 31/12/2001 Note ('000 ) ('000 ) Turnover : 158,444 160,440 Profit/(Loss) from Operations : 5,831 30,763 Finance cost : (603) (1,685) 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 : 4,131 24,459 % Change over Last Period : -83.1 % EPS/(LPS)-Basic (in dollars) : 0.0043 0.0257 -Diluted (in dollars) : N/A 0.0233 Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : 4,131 24,459 Interim Dividend : NIL NIL per Share (Specify if with other : N/A N/A options) B/C Dates for Interim 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 Earnings Per Share: The calculation of basic earnings per share is based on the profit the current period attributable to shareholders of HK$4,131,000 (2001: HK$24,459,000) and the weighted average of 956,403,580 (2001: 952,976,616) ordinary shares in issue during the period. (b) Diluted Earnings Per Share: The diluted earnings per share for the current period has not been calculated as there was no dilution effect after taking into account of all potential ordinary shares under the share option scheme. The calculation of diluted earnings per share for the period ended 31st December 2001 was based on the Group's profit attributable to shareholders of approximately HK$24,459,000 plus the interest on convertible notes after taxation of approximately HK$462,000 and on 1,068,543,849 ordinary shares, which is the weighted average of ordinary shares in issue during the period plus the weighted average of 115,567,233 ordinary shares deemed to be issued at no consideration if all outstanding options had been exercised.