Persistence Gold Group Ltd — Earnings Release 2001

Apr 8, 2002

Listed Company Information

YING WING HOLD<01104> - Results Announcement Ying Wing Holdings Limited announced on 08/04/2002: (stock code: 01104 ) Year end date: 31/12/2001 Currency: HKD Auditors' Report: Neither Review of Interim Report by: (Audited ) (Audited ) Last Current Corresponding Period Period from 01/01/2001 from 01/01/2000 to 31/12/2001 to 31/12/2000 Note ($ ) ($ ) Turnover : 38,140,000 124,742,000 Profit/(Loss) from Operations : (45,427,000) (13,125,000) Finance cost : (1,622,000) (1,406,000) Share of Profit/(Loss) of Associates : N/A N/A Share of Profit/(Loss) of Jointly Controlled Entities : N/A N/A Profit/(Loss) after Tax & MI : (45,558,000) (13,601,000) % Change over Last Period : N/A % EPS/(LPS)-Basic (in dollars) : (0.2278) (0.068) -Diluted (in dollars) : N/A N/A Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : (45,558,000) (13,601,000) Final Dividend : N/A N/A 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 Remark: The loss from operations for the current year of HK$45,427,000 was arrived after charging a provision for doubtful debts of HK$8,492,000 and loss on disposal of property, plant and equipment of HK$10,685,000.