Vision Values Holdings Ltd. — Earnings Release 2001

Apr 22, 2002

Listed Company Information

ASIA LOGISTICS<00862> - Results Announcement (Summary) Asia Logistics Technologies Limited announced on 22/4/2002: (stock code: 862) Year end date: 31/12/2001 Currency: HK$ Auditors' Report: Neither Review of Interim Report by: N/A (Audited) (Audited) Last Current Corresponding Period Period from 1/1/2001 from 1/1/2000 to 31/12/2001 to 31/12/2000 ('000) ('000) Turnover : 62,809 10,019 Profit/(Loss) from Operations : (22,083) (16,996) Finance cost : (326) (509) Share of Profit/(Loss) of Associates : (70) - Share of Profit/(Loss) of Jointly Controlled Entities : - - Profit/(Loss) after Tax & MI : (24,352) (19,550) % Change over Last Period : N/A EPS/(LPS)-Basic : (0.84 cent) (0.84 cent) -Diluted : - - Extraordinary (ETD) Gain/(Loss) : - - Profit/(Loss) after ETD Items : (24,352) (19,550) Final Dividend per Share : Nil Nil (Specify if with other options) : - - B/C Dates for Final Dividend : N/A Payable Date : N/A B/C Dates for Annual General Meeting : 22/5/2002 to 28/5/2002 bdi. Other Distribution for Current Period : N/A B/C Dates for Other Distribution : N/A Remarks: 1) Turnover 2001 2000 HK$'000 HK$,000 Continuing operations 61,920 - Discontinued operations 889 10,019 62,809 10,019 2) Profit/ (loss )from operating activities 2001 2000 HK$'000 HK$,000 Continuing operations (21,417) (11,475) Discontinued operations ( 666) ( 5,521) (22,083) (16,996) 3) Earnings/(loss) per share The calculation of the basic earning/(loss) per share for the year is based on the following data: Earning/(loss) 2001 2000 HK$,000 HK$,000 Net profit/(loss) from ordinary activities Attributable to shareholders: (24,352) (19,550) Number of shares Weighted average number of ordinary share for the purpose of basic earning/(loss) per share 2,885,446,921 2,328,372,542 Earning/(loss) per share HK($0.84)cents HK($0.84)cents 2001 2000 Diluted Earning/(loss) per share : N/A N/A The diluted loss per share amount for the years ended 31 December 2001 and 31 December 2000 have not been shown, as the share options outstanding during these years and the convertible bond outstanding during the current year had anti-dilutive effects on the basic loss per share for these years. 4) Certain comparative amounts have been reclassified to conform with the current year's presentation.