Skyworth Group Limited — Earnings Release 2003

Dec 17, 2002

Listed Company Information

SKYWORTHDIGITAL<00751> - Results Announcement Skyworth Digital Holdings Limited announced on 17/12/2002: (stock code: 00751 ) Year end date: 31/03/2003 Currency: HKD Auditors' Report: N/A Review of Interim Report by: Both Audit Committee and Auditors (Unaudited ) (Unaudited ) Last Current Corresponding Period Period from 01/04/2002 from 01/04/2001 to 30/09/2002 to 30/09/2001 Note ('000 ) ('000 ) Turnover : 2,951,057 1,760,592 Profit/(Loss) from Operations : 34,569 (64,427) Finance cost : (7,440) (2,450) Share of Profit/(Loss) of Associates : (151) N/A Share of Profit/(Loss) of Jointly Controlled Entities : (594) N/A Profit/(Loss) after Tax & MI : 22,328 (65,756) % Change over Last Period : N/A % EPS/(LPS)-Basic (in dollars) : 0.0107 (0.0321) -Diluted (in dollars) : 0.008 (0.0335) Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : 22,328 (65,756) Interim Dividend : 0.50 cent 5.00 cents per Share (Specify if with other : N/A N/A options) B/C Dates for Interim Dividend : 21/01/2003 to 24/01/2003bdi. Payable Date : 31/01/2003 B/C Dates for (-) General Meeting : N/A Other Distribution for : N/A Current Period B/C Dates for Other Distribution : N/A Remarks: EARNINGS PER SHARE The calculation of the basic and diluted earnings per share for the six months ended 30 September 2002 is based on the following data: Six months ended 30 September 2002 HK$'000 Net profit for the purposes of basic earnings per share: Net profit for the period 22,328 Effect of dilutive potential ordinary shares: Adjustment to the earnings of subsidiaries in respect of the effect of its dilutive potential ordinary shares (5,048) ____________ Net profit for the purposes of diluted earnings per share 17,280 =========== Weighted average number of ordinary shares for the purpose of basic earnings per share 2,084,029,202 Effect of dilutive potential ordinary shares: Share options 83,477,519 ____________ Weighted average number of ordinary shares for the purpose of diluted earnings per share 2,167,506,721 ============= The computation of diluted loss per share for the six months ended 30 September 2001 does not assume the conversion of the Company's outstanding share options since their exercise would result in a decrease in net loss per share.