Beijing Geekplus Technology Co., Ltd. — Earnings Release 2002

Apr 16, 2003

Listed Company Information

KARCE INTL HOLD<01159> - Results Announcement Karce International Holdings Company Limited announced on 16/4/2003: (stock code: 01159 ) Year end date: 31/12/2002 Currency: HKD 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 : 554,548 525,527 Profit/(Loss) from Operations : 13,702 12,062 Finance cost : (3,607) (3,778) Share of Profit/(Loss) of Associates : 124 N/A Share of Profit/(Loss) of Jointly Controlled Entities : N/A N/A Profit/(Loss) after Tax & MI : 8,087 6,168 % Change over Last Period : +31.1 % EPS/(LPS)-Basic (in dollars) : 0.0146 0.0114 -Diluted (in dollars) : N/A N/A Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : 8,087 6,168 Final Dividend : 0.5 cent 1 cent per Share (Specify if with other : N/A N/A options) B/C Dates for Final Dividend : 22/5/2003 to 28/5/2003 bdi. Payable Date : 30/6/2003 B/C Dates for Annual General Meeting : 22/5/2003 to 28/5/2003 bdi. Other Distribution for : N/A Current Period B/C Dates for Other Distribution : N/A Remarks: 1. In current year, the Group has adopted for the first time a number of new and revised Statements of Standard Accounting Practice ("SSAPs") issued by the Hong Kong Society of Accountants. Adoption of these SSAPs has led to a number of changes in the Group's accounting policies. The adoption of these new and revised SSAPs has resulted in the changes to the Group's accounting policies but has had no significant effect on the results for the current or prior accounting periods. 2. The calculation of basic earning per share is based on the profit for the year of HK$8,087,000 (2001 : HK$6,168,000) and the weighte average number of 555,598,268 (2001 : 539,514,718) ordinary shares in issue during the year No diluted earning per share has been presented because the exercise price of the Company's outstanding share options was higher than the average market price for shares in both years.