Vision Values Holdings Ltd. — Earnings Release 2001

Sep 20, 2001

Listed Company Information

ASIA LOGISTICS<00862> - Results Announcement (Summary) Asia Logistics Technologies Limited announced on 20/9/2001: (stock code: 862) Year end date: 31/12/2001 Currency: HKD (Unaudited) (Unaudited) Last Current Corresponding Period Period from 1/1/2001 from 1/1/2000 to 30/6/2001 to 30/6/2000 Turnover : 19,574,000 5,656,000 Profit/(Loss) from Operations : 1,938,000 (7,465,000) Finance cost : (74,000) (315,000) Share of Profit/(Loss) of Associates : - - Share of Profit/(Loss) of Jointly Controlled Entities : - - Profit/(Loss) after Tax & MI : 1,864,000 (8,626,000) % Change over Last Period : N/A EPS/(LPS)-Basic : 0.07 cent (0.41 cent) -Diluted : - - Extraordinary (ETD) Gain/(Loss) : - - Profit/(Loss) after ETD Items : 1,864,000 (8,626,000) 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) Finance Cost Finance cost has been separately disclosed in the Results Announcement Form for the period ended 30 June 2000 and 30 June 2001 respectively. 2) Earnings/(Loss) per share The calculation of the basic earnings/(loss) per share for the period is based on the following data : Earnings/(Loss) Six months ended 30 June, 2001 2000 Net profit/(loss) from ordinary activities attributable to shareholders: HK$1,864,000 HK$(8,626,000) Number of shares Weighted average number of ordinary shares for the purpose of basic earnings/(loss) per share 2,652,046,000 2,115,178,000 Earnings/(loss) per share Basic HK0.07 Cent HK ( 0.41 ) Cent Diluted Earnings/(loss) per share: N/A N/A The diluted earnings per share for the period ended 30 June 2001 has not been shown as the share options outstanding during the current period had an anti-dilutive effect on the basic earnings per share for the period. The diluted loss per share for the period ended 30 June 2000 has not been shown as the share options and warrants outstanding during the period had an anti-dilutive effect on the basic loss per share for the period.