08:52 TCL COMM<02618> - Results Announcement (1) TCL Communication Technology Holdings Limited announced on 29/04/2005: (stock code: 02618 ) Year end date: 31/12/2005 Currency: HKD Auditors' Report: N/A Interim/Quarterly report reviewed by: Audit Committee (Audited ) (Unaudited ) Last Current Corresponding Period Period from 01/01/2005 from 01/01/2004 to 31/03/2005 to 31/03/2004 Note ('000 ) ('000 ) Turnover 1 : 1,698,359 1,956,381 Profit/(Loss) from Operations : (542,540) 228,740 Finance cost : (4,863) (1,111) Share of Profit/(Loss) of Associates : N/A N/A Share of Profit/(Loss) of Jointly Controlled Entities : N/A N/A Profit/(Loss) after Tax & MI : (385,714) 206,133 % Change over Last Period : N/A % EPS/(LPS)-Basic (in dollars) 2 : (0.14) 0.07 -Diluted (in dollars) : (0.16) N/A Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : (385,714) 206,133 1st Quarter Dividend : NIL N/A per Share (Specify if with other : N/A N/A options) B/C Dates for 1st Quarter Dividend : N/A Payable Date : N/A B/C Dates for (-) General Meeting : N/A Other Distribution for : N/A Current Period B/C Dates for Other Distribution : N/A Remarks: Note 1: Turnover is arising from continuing operations. Note 2: Earnings (Loss) Per Share The calculation of the basic loss per share is based on the net loss attributable to the shareholders for the three months ended of HK$385,714,000 (2004: net profit of HK$206,133,000), and the weighted average of 2,827,500,000 (2004:2,827,500,000) ordinary shares in issue during the period. The weighted average of 2,827,500,000 ordinary shares for 2004 were deemed to have been in issue. The calculation of diluted loss per share for the period is based on the loss for the period of HK$546,272,000 (2004: net profit of HK$206,133,000) of which the minority shareholder in respect of the joint venture formed between the Company and Alcatel (the "Joint Venture") will become the shareholder of the Company upon the exercise of the option for converting its interest in the Joint Venture into the shares of the Company. The weighted average number of ordinary shares used in the calculation is 2,827,500,000 (2004: 2,827,500,000) ordinary shares in issue during the period, as used in the basic loss per share calculation; the weighted average of 3,356,434,000 ordinary shares assumed to have been issued upon the exercise of the option by the minority shareholder to convert its interest in the Joint Venture. Diluted earnings per share amount has not been disclosed for the three months ended 31 March 2004 as no dilutive potential ordinary shares existed during the period.