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Zhejiang Expressway Co., Ltd. Earnings Release 2002

Apr 28, 2003

49310_rns_2003-04-28_f6a8dea2-30fc-4db6-bfeb-9cb3c85f8964.htm

Earnings Release

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Listed Company Information

TINGYI<00322> - Results Announcement

Tingyi (Cayman Islands) Holdings Corp. announced on 28/4/2003:
(stock code: 00322 )
Year end date: 31/12/2002
Currency: USD
Auditors' Report: Unqualified

(Audited )
(Audited ) Last
Current Corresponding
Period Period
from 1/1/2002 from 1/1/2001
to 31/12/2002 to 31/12/2001
Note ('000 ) ('000 )
Turnover : 1,100,405 944,566
Profit/(Loss) from Operations : 121,933 96,499
Finance cost : (26,465) (23,652)
Share of Profit/(Loss) of
Associates : 2,798 (379)
Share of Profit/(Loss) of
Jointly Controlled Entities : N/A N/A
Profit/(Loss) after Tax & MI : 90,928 60,338
% Change over Last Period : +50.7 %
EPS/(LPS)-Basic (in dollars) : 0.0163 0.0108
-Diluted (in dollars) : N/A N/A
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit/(Loss) after ETD Items : 90,928 60,338
Final Dividend : US0.93 cent US0.81 cent
per Share
(Specify if with other : N/A N/A
options)

B/C Dates for
Final Dividend : 12/6/2003 to 20/6/2003 bdi.
Payable Date : 29/8/2003
B/C Dates for Annual
General Meeting : 12/6/2003 to 20/6/2003 bdi.
Other Distribution for : N/A
Current Period

B/C Dates for Other
Distribution : N/A