Sinopec Engineering Group Co Ltd. — Earnings Release 2006

Mar 20, 2006

Listed Company Information

Listed Company Information
UNIVERSE INT'L<01046> - Results Announcement Universe International Holdings Limited announced on 20/03/2006: (stock code: 01046 ) Year end date: 30/06/2006 Currency: HKD Auditors' Report: N/A Interim report reviewed by: Audit Committee (Unaudited ) (Unaudited ) Last Current Corresponding Period Period from 01/07/2005 from 01/07/2004 to 31/12/2005 to 31/12/2004 Note ('000 ) ('000 ) Turnover : 48,773 101,028 Profit/(Loss) from Operations : 4,005 5,715 Finance cost : N/A (197) Share of Profit/(Loss) of Associates : N/A (572) Share of Profit/(Loss) of Jointly Controlled Entities : N/A N/A Profit/(Loss) after Tax & MI : 3,654 4,329 % Change over Last Period : -15.6 % EPS/(LPS)-Basic (in dollars) : 0.0023 0.0027 -Diluted (in dollars) : N/A N/A Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : 3,654 4,329 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: 1. 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 for the period attributable to equity holders of the Company of HK$3,654,000 (2004: HK$4,329,000) and the weighted average of 1,624,605,370 (2004:1,624,605,370) ordinary shares in issue during the period. (b) Diluted Earnings Per Share: The diluted earnings per share for the period ended 31st December 2004 and 2005 are not presented as there was no dilutive potential ordinary shares outstanding during the periods. 2. Explanation for any change or adjustment of the last corresponding results For last corresponding period, the Share of Loss of Associates increased by HK$28,000 (being the share of taxation attributable to associated company) compared with the result announcement form submitted previously following its adoption of Hong Kong Accounting Standard No. 1 " Presentation of Financial Statements" ("HKAS 1") which is effective for accounting periods commencing on or after 1 January 2005. Under HKAS 1, share of profits or losses of associates and joint venture shall be disclosed net of tax. In prior period, share of profits or losses of associated company and share of taxation attributable to associated company are disclosed separately. The adoption of HKAS1 represents a change in accounting policy, which has been applied retrospectively so the comparative figure presented has been restated to conform tho the changed policy.