Guoxia Technology Co., Ltd. — Earnings Release 2002

Dec 18, 2002

Listed Company Information

ANANDA WING ON<01189> - Results Announcement (Summary) Ananda Wing On Travel (Holdings) Limited announced on 18/12/2002: (stock code: 01189 ) Year end date: 31/12/2002 Currency: HKD Auditors' Report: N/A Review of Interim Report by: Both Audit Committee and Auditors (Unaudited ) (Unaudited ) Last Current Corresponding Period Period from 1/4/2002 from 1/4/2001 to 30/9/2002 to 30/9/2001 Note ('000 ) ('000 ) Turnover : 927,319 1,122,849 Profit/(Loss) from Operations : (50,006) (99,600) Finance cost : (7,218) (6,677) Share of Profit/(Loss) of Associates : (14,258) (17,232) Share of Profit/(Loss) of Jointly Controlled Entities : N/A N/A Profit/(Loss) after Tax & MI : (72,470) (133,053) % Change over Last Period : N/A % EPS/(LPS)-Basic (in dollars) : (0.0046) (0.0157) -Diluted (in dollars) : (0.0046) N/A Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : (72,470) (133,053) Interim Dividend : NIL NIL per Share (Specify if with other : N/A N/A options) B/C Dates for Interim 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. All turnover and profit/(loss) were from continuing operations. 2. The loss per share is calculated based on the net loss for the period of HK$72,470,000 (HK$133,053,000 for the six months ended 30 September 2001) and the weighted average of 15,600,810,120 shares (8,494,869,683 shares for the six months ended 30 September 2001) in issue. The computation of diluted loss per share figure for the six months ended 30 September 2002 does not assume the conversion of convertible notes issued in April 2002 since their conversion would result in a decrease in loss per share for the six months ended 30 September 2002 and there were no other potential dilutive securities in existence for the six months ended 30 September 2002. There were no potential dilutive securities in existence in the six months ended 30 September 2001. 3. The financial year end has been changed from 31 March to 31 December for the subsequent financial years in order to coincide with the financial year end of China Strategic Holdings Limited, the ultimate controlling shareholder of Ananda Wing On Travel (Holdings) Limited ("the Company"). The next set of the audited financial statements of the Company and its subsidiaries ("the Group") after the change of the financial year end will be prepared for the nine months period from 1 April 2002 to 31 December 2002. The audited financial statements of the Group for the nine months ending 31 December 2002 will be published on or before 30 April 2003.