Skyworth Group Limited — Earnings Release 2002

Jul 23, 2002

Listed Company Information

SKYWORTHDIGITAL<00751> - Results Announcement (Summary) Skyworth Digital Holdings Limited announced on 23/7/2002: (stock code: 751) Year end date: 31/3/2002 Currency: HK$ Auditors' Report: Unqualified Review of Interim Report by: N/A (Audited) (Audited) Last Current Corresponding Period Period from 1/4/2001 from 1/4/2000 to 31/3/2002 to 31/3/2001 ('000) ('000) Turnover : 5,604,714 4,446,506 Profit/(Loss) from Operations : 87,330 (40,170) Finance cost : (8,975) (7,339) Share of Profit/(Loss) of Associates : - - Share of Profit/(Loss) of Jointly Controlled Entities : (1,389) - Profit/(Loss) after Tax & MI : 62,238 (61,389) % Change over Last Period : N/A EPS/(LPS)-Basic : 3.03 cents (3.01 cents) -Diluted : 2.51 cents N/A Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : 62,238 (61,389) Final Dividend per Share : 3.00 cents NIL (Specify if with other options) : N/A N/A B/C Dates for Final Dividend : 22/8/2002 to 28/8/2002 bdi. Payable Date : on or about 9/9/2002 B/C Dates for Annual General Meeting : 22/8/2002 to 28/8/2002 bdi. Other Distribution for Current Period : - B/C Dates for Other Distribution : - Remark: EARNINGS (LOSS) PER SHARE The calculation of the basic and diluted earnings per share for the year ended 31 March 2002 is based on the following data: HK$'000 Net profit for the purposes of basic earnings per share: Net profit for the year 62,238 Effect of dilutive potential ordinary shares: Adjustment to the earnings of subsidiaries in respect of the effect of its dilutive potential ordinary shares (9,876) -------- Net profit for the purposes of diluted earnings per share 52,362 ========= Weighted average number of ordinary shares for the purpose of basic earnings per share 2,057,374,044 Effect of dilutive potential ordinary shares: Options 31,761,199 ------------- Weighted average number of ordinary shares for the purpose of diluted earnings per share 2,089,135,243 ============= The calculation of the basic loss per share for the year ended 31 March 2001 is based on the net loss for the year of HK$61,389,000 and on the weighted average number of 2,041,643,836 ordinary shares in issue during the year ended 31 March 2001. Diluted loss per share for the year ended 31 March 2001 has not been presented as the exercise of the Company's outstanding options would result in a decrease in net loss per share.