G-Resources Group Limited — Earnings Release 2002

Mar 20, 2002

Listed Company Information

STAR BIO-TECH<01051> - Results Announcement (Summary) Star Bio-Tech (Holdings) Limited announced on 20/3/2002: (stock code: 1051) Year end date: 30/6/2002 Currency: HK$ Auditors' Report: Neither Review of Interim Report by: Auditors (Unaudited) (Unaudited) Last Current Corresponding Period Period from 1/7/2001 from 1/7/2000 to 31/12/2001 to 31/12/2000 ('000) ('000) Turnover : 16,909 13,873 Profit/(Loss) from Operations : (28,264) (31,081) Finance cost : (1,687) (1,935) Share of Profit/(Loss) of Associates : NIL NIL Share of Profit/(Loss) of Jointly Controlled Entities : NIL NIL Profit/(Loss) after Tax & MI : (29,310) (31,416) % Change over Last Period : N/A EPS/(LPS)-Basic : (5.99 cents) (9.34 cents) -Diluted : NIL NIL Extraordinary (ETD) Gain/(Loss) : NIL NIL Profit/(Loss) after ETD Items : (29,310) (31,416) Interim Dividend per Share : NIL NIL (Specify if with other options) : - - B/C Dates for Interim Dividend : N/A Payable Date : N/A B/C Dates for (-) General Meeting : N/A Other Distribution for Current Period : N/A B/C Dates for Other Distribution : N/A Remarks: (1) An analysis of turnover and profit/(loss) from continuing operations and discontinued operations Continuing Discontinued operations operations HK$'000 HK$'000 Turnover 16,909 - Nil - Profit / (Loss) (29,310) - Nil - (2) Loss Per Share The calculation of the basic loss per share is based on the loss attributable to shareholders for the period from 1st July, 2001 to 31st December, 2001 of HK$29,310,000 (1.7.2000 to 31.12.2000: loss of HK$31,416,000) and on the weighted average number of 489,123,152 (1.7.2000 to 31.12.2000: weighted average number of 336,229,522) shares in issue after adjustment for the share consolidation on 29th November, 2001 to consolidate every forty issued shares into one share. The computation of diluted loss per share for the six months ended 31st December, 2001 and 31st December, 2000 has been assumed the exercise of the share options and the conversion of convertible notes as their exercise and conversion would result in a decrease in the loss per share for both periods.