Pacific Online Limited — Earnings Release 2003

Mar 25, 2004

Listed Company Information

GR INV INT'L<00310> - Results Announcement GR Investment International Limited announced on 25/03/2004: (stock code: 00310 ) Year end date: 31/12/2003 Currency: HKD Auditors' Report: Unqualified (Audited ) (Audited ) Last Current Corresponding Period Period from 01/01/2003 from 01/01/2002 to 31/12/2003 to 31/12/2002 Note ($ ) ($ ) Turnover : 2,491,274 3,944,254 Profit/(Loss) from Operations : (36,574,416) (1,964,552) Finance cost : (11,593) (23,331) Share of Profit/(Loss) of Associates : 3,171,032 (5,478,519) Share of Profit/(Loss) of Jointly Controlled Entities : 2,554,436 (6,115,690) Profit/(Loss) after Tax & MI : (24,781,865) (15,350,894) % Change over Last Period : N/A % EPS/(LPS)-Basic (in dollars) : (0.09) (0.1706) -Diluted (in dollars) : N/A N/A Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : (24,781,865) (15,350,894) 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. LOSS PER SHARE The calculation of the loss per share is based on the Group's loss for the year attributable to shareholders of HK$24,781,865 (2002 : HK$15,350,894) and on the weighted average number of approximately 275,295,436 shares (2002 : 89,990,000 shares (restated), adjusted to reflect the share consolidated during the year). 2. FINANCE COSTS 2003 2002 HK$ HK$ Bank charges 11,593 23,331