Vision Values Holdings Ltd. — Earnings Release 2000

Sep 27, 2000

Listed Company Information

ASIA LOGISTICS<0862> - Results Announcement Asia Logistics Technologies Limited announced on 27/9/2000: (stock codes: Ord: 862 & War: 721) Year end date: 31/12/2000 Currency: HK$ (Unaudited) (Unaudited) Last Current Corresponding Period Period from 1/1/2000 from 1/1/1999 to 30/6/2000 to 30/6/1999 ('000) ('000) Turnover : 5,656 32,359 Profit/(Loss) from Operations : (7,465) 20,161 Finance cost : (315) (169) 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 : (8,626) 16,086 % Change over Last Period : N/A EPS/(LPS)-Basic : (0.41 cent) 0.8 cent -Diluted : - - Extraordinary (ETD) Gain/(Loss) : - - Profit/(Loss) after ETD Items : (8,626) 16,086 Interim Dividend per Share : Nil Nil (Specify if with other options) : - - B/C Dates for Interim Dividend : - Payable Date : - B/C Dates for (-) General Meeting : - Other Distribution for Current Period : - B/C Dates for Other Distribution : - Remarks: (1) Loss/earnings per share The calculation of the basic loss/earnings per share for the period is based on the following data: (Loss)/earnings Six months ended 30th June, 2000 1999 HK$'000 HK$'000 (Loss)/profit attributable to shareholders for the purpose of basic (loss)/earnings per share (8,626) 16,086 ======= ====== Number of shares Weighted average number of ordinary shares for the purpose of basic (loss)/earnings per share 2,115,178,459 2,000,000,000 (Loss)/earnings per share Basic HK(0.41) cent HK0.80 cent (2) Subdivision of Shares Lasting corresponding figure of the earning per share has been adjusted for the effect of the share subdivision on 1 November, 1999. Each of the shares of HK$0.10 each in the issued and unissued share capital of the Company was subdivided into 10 shares of HK$0.01 each. (3) Diluted EPS The diluted loss per share for the period ended 30th June 2000 has not been shown as the warrants and options outstanding during the period had an anti-dilutive effect on basic loss per share for the period. The diluted earnings per share for the period ended 30th June 1999 has not been calculated as no diluting events existed during last period. (4) Finance Cost Certain comparative figures have been reclassified to conform with the current year's presentation.