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Richly Field China Development Limited Earnings Release 2004

Jul 19, 2004

49117_rns_2004-07-19_7a619045-ff0a-4d72-81ec-a72c00b43791.htm

Earnings Release

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Listed Company Information

Listed Company Information
UNITED PACIFIC<00176> - Results Announcement

United Pacific Industries Limited announced on 19/07/2004:
(stock code: 00176 )
Year end date: 31/03/2004
Currency: HKD
Auditors' Report: Unqualified

(Audited )
(Audited ) Last
Current Corresponding
Period Period
from 01/04/2003 from 01/04/2002
to 31/03/2004 to 31/03/2003
Note ($ ) ($ )
Turnover : 338,386,078 320,800,357
Profit/(Loss) from Operations : 7,326,386 (17,559,653)
Finance cost : (702,693) (164,045)
Share of Profit/(Loss) of
Associates : N/A (523,067)
Share of Profit/(Loss) of
Jointly Controlled Entities : N/A N/A
Profit/(Loss) after Tax & MI : (13,727,006) (17,815,817)
% Change over Last Period : N/A %
EPS/(LPS)-Basic (in dollars) : (0.025) (0.032)
-Diluted (in dollars) : N/A N/A
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit/(Loss) after ETD Items : (13,727,006) (17,815,817)
Final Dividend : 2 cents 4 cents
per Share
(Specify if with other : N/A N/A
options)

B/C Dates for
Final Dividend : 25/08/2004 to 30/08/2004bdi.
Payable Date : 30/09/2004
B/C Dates for Annual
General Meeting : 25/08/2004 to 30/08/2004bdi.
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$13,727,006 (2003: loss of HK$17,815,817) and the weighted average of
557,058,400 (2003: 557,230,778) 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.