Sinopec Engineering Group Co Ltd. — Interim / Quarterly Report 2000

Mar 30, 2000

Listed Company Information

UNIVERSE INT'L<1046> - Results Announcement Universe International Holdings Limited announced on 30/3/2000: (stock code: 1046) Year end date: 30/6/2000 Currency: HKD (Unaudited) (Unaudited) Last Current Corresponding Period Period from 1/7/1999 from 1/7/1998 to 31/12/1999 to 31/12/1998 Turnover - Continuing : 115,730,000 88,204,000 - Discontinued : - - Operating Profit/(Loss) - Continuing : 28,052,000 14,235,000 - Discontinued : - - Total Operating Profit/(Loss) : 28,052,000 14,235,000 Share of Profit/(Loss) of Associated Companies : - - Share of Profit/(Loss) of Jointly Controlled Entities : - - Profit/(Loss) after Tax & MI : 23,606,000 12,297,000 % Change over Last Period : +92% EPS/(LPS)-Basic : 13.54 cents 10.84 cents -Diluted : - - Extraordinary (ETD) Gain/(Loss) : - - Profit/(Loss) after ETD Items : 23,606,000 12,297,000 Interim Dividend per Share : NIL N/A (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) Listing date and the basis of presentation of results (a) The company was incorporated in Bermuda on 26th March 1999 as an exempted company with limited liability under the Companies Act 1981 Bermuda (as amended). (b) On 28th June 1999, pursuant to a group reorganization to rationalise the group structure in preparation for the public listing of the company's shares on The Stock Exchange of Hong Kong Limited (the "Stock Exchange"), the company became the holding company of the group. The company's shares were successfully listed on the Stock Exchange on 20th July 1999. (c) The group reorganisation referred to above has been reflected in the accounts by regarding the Group, which comprises the company and its subsidiaries, as a continuing entity. Accordingly, the group accounts have been prepared on the basis as if the company had been the holding company throughout the accounting periods presented. In the opinion of the directors, the consolidated accounts prepared on the above basis present more fairly the results and the state of affairs of the group as a whole. (2) Basis of calculation for EPS of the current period - Basic EPS: The calculation of basic EPS is based on the profit attributable to the shareholders for the six months ended 31 December 1999 of HK$23,605,656 (1998: HK$12,297,431) and the weighted average of 174,345,653 shares (1998: 113,400,000 shares deemed to be in issue) throughout the respective period on the summation that the reorganisation of the Group had been completed on 1st July 1998. - Diluted EPS: Since the Company did not enter into obligation that could dilute the EPS in the future as at 31st December, 2000.