Richly Field China Development Limited — Earnings Release 2003

Jul 21, 2003

Listed Company Information

UNITED PACIFIC<00176> - Results Announcement United Pacific Industries Limited announced on 21/7/2003: (stock code: 00176 ) Year end date: 31/3/2003 Currency: HKD Auditors' Report: Unqualified (Audited ) (Audited ) Last Current Corresponding Period Period from 1/4/2002 from 1/4/2001 to 31/3/2003 to 31/3/2002 Note ($ ) ($ ) Turnover : 320,800,357 365,896,068 Profit/(Loss) from Operations : (17,559,653) (8,136,609) Finance cost : (164,045) (21,521) Share of Profit/(Loss) of Associates : (523,067) (7,057,780) Share of Profit/(Loss) of Jointly Controlled Entities : N/A N/A Profit/(Loss) after Tax & MI : (17,815,817) (14,490,521) % Change over Last Period : N/A % EPS/(LPS)-Basic (in dollars) : (0.032) (0.026) -Diluted (in dollars) : N/A N/A Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : (17,815,817) (14,490,521) Final Dividend : 4 cents NIL per Share (Specify if with other : N/A N/A options) B/C Dates for Final Dividend : 25/8/2003 to 28/8/2003 bdi. Payable Date : 30/9/2003 B/C Dates for Annual General Meeting : 25/8/2003 to 28/8/2003 bdi. Other Distribution for : N/A Current Period B/C Dates for Other Distribution : N/A Remarks: LOSS PER SHARE The calculation of loss per share is based on the net loss for the year of HK$17,815,817 (2002: loss of HK$14,490,521) and the weighted average of 557,230,778 (2002: 557,538,400) shares in issue during the year. No diluted loss per share has been presented as the exercise of the Company's outstanding share options would reduce the loss per share for both years.