Zhejiang Expressway Co., Ltd. — Earnings Release 2001

Apr 26, 2002

Listed Company Information

TINGYI<00322> - Results Announcement (Summary) Tingyi (Cayman Islands) Holding Corp. announced on 26/4/2002: (stock code: 322) Year end date: 31/12/2001 Currency: USD 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 : 944,566 735,244 Profit/(Loss) from Operations : 96,499 69,713 Finance cost : (23,652) (23,153) Share of Profit/(Loss) of Associates : (379) 343 Share of Profit/(Loss) of Jointly Controlled Entities : - - Profit/(Loss) after Tax & MI : 60,338 40,109 % Change over Last Period : +50.44% EPS/(LPS)-Basic : US1.08 cents US0.72 cent -Diluted : - - Extraordinary (ETD) Gain/(Loss) : - - Profit/(Loss) after ETD Items : 60,338 40,109 Final Dividend per Share : US0.81 cent US0.54 cent (Specify if with other options) : - - B/C Dates for Final Dividend : to be announced Payable Date : to be announced B/C Dates for Annual General Meeting : to be announced Other Distribution for Current Period : - B/C Dates for Other Distribution : - Remark: Turnover and contribution by products: An analysis of the Group's turnover and profit/(loss) attributable to shareholders by major products is set out below: Profit/(loss) attributable to Turnover shareholders 2001 2000 2001 2000 US$'000 US$'000 US$'000 US$'000 Instant noodles 593,204 533,404 55,794 50,931 Beverages 234,363 110,581 12,813 (2,615) Baked goods 84,661 70,957 1,933 1,928 Others 32,338 20,302 (10,202) (10,135) ------- ------- -------- -------- Total 944,566 735,244 60,338 40,109 ======= ======= ======== ====== In the current year, the Group has followed the basis of identification of reportable segments required by SSAP 26 "Segment reporting". Accordingly, the comparative figures of turnover and profit attributable to shareholders by major products for the year ended 31 December 2000 have been amended to conform with current year's presentation.