Zall Smart Commerce Group Ltd. — Earnings Release 2002

Mar 19, 2003

Listed Company Information

ROADSHOW<00888> - Results Announcement (Summary) RoadShow Holdings Limited announced on 19/3/2003: (stock code: 888) Year end date: 31/12/2002 Currency: HKD Auditors' Report: Unqualified (Audited) (Restated) (Audited) Last Current Corresponding Period Period from 1/1/2002 from 1/1/2001 to 31/12/2002 to 31/12/2001 ('000) ('000) Turnover : 155,054 288,823 Profit/(Loss) from Operations : 70,261 201,835 Finance cost : (143) NIL Share of Profit/(Loss) of Associates : 1,081 NIL Share of Profit/(Loss) of Jointly Controlled Entities : NIL NIL Profit/(Loss) after Tax & MI : 55,027 158,295 % Change over Last Period : -65% EPS/(LPS)-Basic : 5.56 cents 19.08 cents -Diluted : 5.56 cents N/A Extraordinary (ETD) Gain/(Loss) : NIL NIL Profit/(Loss) after ETD Items : 55,027 158,295 Final Dividend per Share : 2.0 cents 3.8 cents (Specify if with other options) : - (with option to elect shares) B/C Dates for Final Dividend : 23/4/2003 to 6/5/2003 bdi. Payable Date : 3/7/2003 B/C Dates for Annual General Meeting : 23/4/2003 to 6/5/2003 bdi. Other Distribution for Current Period : N/A B/C Dates for Other Distribution : N/A Remarks: (1) Change in accounting policies Deferred tax assets and liabilities In prior years, deferred taxation was provided using the liability method in respect of the taxation effect arising from all material timing differences between the accounting and tax treatment of income and expenditure, which were expected with reasonable probability to crystallise in the foreseeable future. With effect from 1 January 2002, the Company has early adopted The Statement of Standard Accounting Practice ("SSAP") 12 issued by the Hong Kong Society of Accountant on "Income taxes". As a result of the early adoption of this accounting policy, the profit for 2001 has been decreased by HK$16,813,000. (2) Earnings per share (a) Basic earnings per share The calculation of basic earnings per share is based on the profit attributable to ordinary shareholders of HK$55,027,000 (2001 as restated: HK$158,295,000) and the weighted average of 990,282,540 ordinary shares (2001: 829,459,995 shares) in issue during the year. (b) Diluted earnings per share The calculation of diluted earnings per share is based on the profit attributable to shareholders of HK$55,027,000 and the weighted average number of ordinary shares of 990,440,490 shares after adjusting for the effects of all dilutive potential ordinary shares. The diluted earnings per shares for the year ended 31 December 2001 is not presented as the potential ordinary shares in respect of outstanding options were anti-dilutive. The exercise of the share options would not have any dilutive effect on the earnings per share for the year ended 31 December 2001.