Smart-Core Holdings Limited — Earnings Release 2002

Sep 10, 2002

Listed Company Information

UNITY INV HOLD<00913> - Results Announcement (Summary) Unity Investments Holdings Limited announced on 10/9/2002: (stock code: 913) Year end date: 31/12/2002 Currency: HK$ Auditors' Report: N/A Review of Interim Report by: Audit Committee (Unaudited) (Unaudited) Last Current Corresponding Period Period from 1/1/2002 from 1/1/2001 to 30/6/2002 to 30/6/2001 ('000) ('000) Turnover : 19,761 30,002 Profit/(Loss) from Operations : (1,273) 2,259 Finance cost : - - Share of Profit/(Loss) of Associates : - - Share of Profit/(Loss) of Jointly Controlled Entities : - - Profit/(Loss) after Tax & MI : (1,309) 2,246 % Change over Last Period : N/A EPS/(LPS)-Basic : (0.65 cent) 1.12 cents -Diluted : (0.65 cent) 1.11 cents Extraordinary (ETD) Gain/(Loss) : - - Profit/(Loss) after ETD Items : (1,309) 2,246 Interim Dividend per Share : Nil Nil (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) The Group is principally engaged in the investment in listed and unlisted companies. Revenues of the Group recognised during the Period are as follows: Unaudited Six months ended June 30 2002 2001 HK$'000 HK$'000 Turnover Proceeds from sale of trading securities 19,761 30,002 ------- ------- Other revenues Interest income 583 1,677 Dividend income from investments in securities 307 369 Underwriting commission 10 - _______ ______ 900 2,046 ------- ------ _______ _______ Total revenues 20,661 32,048 _______ _______ (2) (Loss) / profit before taxation is stated after charging depreciation of approximately HK$174,000 (2001: HK$175,000). (3) Hong Kong profits tax has been provided at the rate of 16% (2001: 16%) on the estimated assessable profit for the Period. (4) The calculation of basic and diluted (loss) / earnings per share is based on the Group's loss attributable to shareholders of approximately HK$1,309,000 (2001: profit of HK$2,246,000). The basic (loss) / earnings per share is based on 200,000,004 (2001: 200,000,004) ordinary shares in issue during the Period. The diluted (loss) / earnings per share is based on the 200,136,670 (2001: 201,578,952) ordinary shares which is the number of ordinary shares in issue during the Period plus the weighted average of 136,666 (2001: 1,578,948) ordinary shares deemed to be issued at no consideration if all outstanding options had been exercised. The number of ordinary shares in issue for the Period and the six months ended June 30, 2001 has been adjusted retrospectively after taking into account the one to one bonus issue of shares of the Company effected on May 24, 2002. (5) During the Period, there was a decrease in unrealized holding gain in value of long term investments in listed equity securities of HK$1,800,000 which was recorded in the investment revaluation reserve.