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Richly Field China Development Limited Earnings Release 2005

Jul 18, 2005

49117_rns_2005-07-18_38e3fa70-75ae-4b3a-b520-a5002abde739.htm

Earnings Release

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Listed Company Information

Listed Company Information
UNITED PACIFIC<00176> - Results Announcement

United Pacific Industries Limited announced on 18/07/2005:
(stock code: 00176 )
Year end date: 31/03/2005
Currency: HKD
Auditors' Report: Unqualified

(Audited )
(Audited ) Last
Current Corresponding
Period Period
from 01/04/2004 from 01/04/2003
to 31/03/2005 to 31/03/2004
Note ($ ) ($ )
Turnover : 392,136,391 338,386,078
Profit/(Loss) from Operations : 17,113,553 7,326,386
Finance cost : (1,611,297) (702,693)
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 : 12,981,748 (13,727,006)
% Change over Last Period : N/A %
EPS/(LPS)-Basic (in dollars) : 0.023 (0.025)
-Diluted (in dollars) : N/A N/A
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit/(Loss) after ETD Items : 12,981,748 (13,727,006)
Final Dividend : NIL 2 cents
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 Annual
General Meeting : 26/08/2005 to 31/08/2005 bdi.
Other Distribution for : N/A
Current Period

B/C Dates for Other
Distribution : N/A

Remarks:

EARNINGS (LOSS) PER SHARE

The calculation of the basic and diluted earnings (loss) per share is
based on the following data:

2005 2004
HK$ HK$
Net profit (loss) for the year and earnings (loss) for the
purposes of basic earnings (loss) per share and diluted
earnings per share 12,981,748 (13,727,006)
========== ============

Number of ordinary shares for the purpose of basic
earnings (loss) per share 557,058,400 557,058,400

Effect of dilutive potential ordinary shares in respect
of share options 54,529 N/A
----------- ------------

Weighted average number of ordinary shares for the
purpose of diluted earnings per share 557,112,929 N/A
=========== =============

No diluted loss per share has been presented in prior year as the exercise
of the Company's outstanding share options would reduce the loss per share
for that year.