Comba Telecom Systems Holdings Limited — Earnings Release 2002

Apr 24, 2003

Listed Company Information

ROCKAPETTA<01003> - Results Announcement Rockapetta Holdings Limited announced on 24/4/2003: (stock code: 01003 ) 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 : 119,718 112,944 Profit/(Loss) from Operations : (20,052) (40,196) Finance cost : (2,343) (5,644) Share of Profit/(Loss) of Associates : N/A (10) Share of Profit/(Loss) of Jointly Controlled Entities : N/A N/A Profit/(Loss) after Tax & MI : (8,412) (45,859) % Change over Last Period : N/A % EPS/(LPS)-Basic (in dollars) : (0.012) (0.075) -Diluted (in dollars) : N/A N/A Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : (8,412) (45,859) Final Dividend : Nil Nil per Share (Specify if with other : N/A N/A options) B/C Dates for Final 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: 1. Segmental Information Business Segments No business segment analysis of the Group's financial information is presented for 2001 as the Group was engaged in toy manufacturing and distribution business only. An analysis of the Group's turnover and contribution to operating results by business segments for 2002 is as follows: For the year ended 31 st December 2002 Continuing Discontinuing operations operation ------------------------------ -------------- Trading Securities of trading Toy consumer Restaurants and manufacturing products operation investments and Consolidated distribution ------- ------------ ----------- ------------ ------------ HK$'000 HK$'000 HK$'000 HK$'000 HK$'000 TURNOVER 17,021 20,570 8,716 73,411 119,718 ======= ========= ====== ======== ======== RESULT Segment result before amortisation of goodwill 295 470 (4,742) (11,308) (15,285) Less: Amortisation of goodwill - (208) - - (208) ________ ________ _______ ________ ________ Segment result 295 262 (4,742) (11,308) (15,493) Other operating income 598 Unallocated corporate expenses (5,157) ________ Loss from operations (20,052) ======== Geographical Segments The Group's restaurants operation, and wines and spirits trading business are carried out in Singapore and the securities trading and investments are carried out in Hong Kong. Also the customers of the Group's discontinuing operating of toy manufacturing and distribution business are mainly located in North America and Asia Pacific region. The following table provides an analysis of the Group's sales by geographical market, irrespective of the origin of the goods/services: 2002 2001 HK$'000 HK$'000 Hong Kong 8,716 - Singapore 37,591 - North America 35,652 84,255 Europe 7,087 5,350 South America - 187 Other Asia Pacific regions 17,207 21,553 Others 13,465 1,599 ________ ________ 119,718 112,944 ======= ========= 2. Loss per share The calculation of the basic loss per share is based on the net loss for the year of approximately HK$8,412,000 (2001: HK$45,859,000) and on the weighted average number of 712,358,521 (2001: 615,213,726 ) shares in issue during the year. No diluted loss per share has been presented as the effect of the exercise of the outstanding share options of the Company would result in a decrease in the loss per share for both years.