Smart-Core Holdings Limited — Earnings Release 2003

Sep 5, 2003

Listed Company Information

UNITY INV HOLD<00913> - Results Announcement Unity Investments Holdings Limited announced on 05/09/2003: (stock code: 00913 ) Year end date: 31/12/2003 Currency: HKD Auditors' Report: N/A Review of Interim Report by: Both Audit Committee and Auditors (Unaudited ) (Unaudited ) Last Current Corresponding Period Period from 01/01/2003 from 01/01/2002 to 30/06/2003 to 30/06/2002 Note ('000 ) ('000 ) Turnover : 14,343 19,761 Profit/(Loss) from Operations : (4,640) (1,273) Finance cost : (375) 0 Share of Profit/(Loss) of Associates : N/A N/A Share of Profit/(Loss) of Jointly Controlled Entities : N/A N/A Profit/(Loss) after Tax & MI : (5,014) (1,309) % Change over Last Period : N/A % EPS/(LPS)-Basic (in dollars) : (0.0251) (0.0065) -Diluted (in dollars) : N/A (0.0065) Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : (5,014) (1,309) 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) The Group is principally engaged in the investment in listed companies. Revenues of the Group recognized during the Period are as follows: Six months ended 30th June 2003 2002 HKS'000 HKS'000 Turnover Proceeds from sale of trading securities 14,343 19,761 Other revenues Interest Income 0 583 Dividend income from investments in securities 182 307 Other income 0 10 ---------------------- 182 900 --------------------- Total Revenues 14,525 20,661 ======================== (2) Loss before taxation is stated after charging depreciation of approximately HK$80,000 (2002: HK$174,000). (3) Operating loss is stated after crediting and charging the following: Unaudited Six months ended 30th June 2003 2002 HK$'000 HK$'000 Charging Depreciation 80 174 Staff cost, including directors' remuneration 614 1,140 Operating leases - Land and buildings 360 174 ----------------------- (4) The basic and diluted loss per share is based on the weighted average of 200,000,004 (2002: 200,000,004) ordinary shares in issue during the Period. The number of ordinary shares in issue during the Period and the six months ended 30th June 2002 has been adjusted retrospectively after taking into account the one to one bonus issue of shares of the Company effected on 24th May 2002. The diluted loss per share for the Period is the same as the basic loss per share as all potential ordinary shares are anti-dilutive.