SuperRobotics Limited — Earnings Release 2005

May 12, 2005

GEM

BLU SPA<08176> - Results Announcement (Q3, 2004/2005, Summary)

Blu Spa Holdings Limited announced on 12/05/2005:
(stock code: 08176 )

Year end date :30/06/2005
Currency :HKD
Auditors' report :N/A
3rd Quarterly Report Reviewed by :Audit Committee

Important Note :

This result announcement form only contains extracted information from
and should be read in conjunction with the detailed results announcement
of the issuer, which can be viewed on the GEM website at
http://www.hkgem.com

                                       (Unaudited)      (Unaudited) 
                                                         (Restated)
                                          Current Last Corresponding
                                           Period            Period
                                   from 01/07/2004   from 01/07/2003
                                     to 31/03/2005     to 31/03/2004
                                             $'000             $'000

Turnover : 1,245 1,944
Profit/(Loss) from Operations : (3,633) (3,513)
Finance cost : (163) (75)
Share of Profit/(Loss) of Associates : N/A N/A
Share of Profit/(Loss) of Jointly
Controlled Entites : N/A N/A
Profit/(Loss) after Taxation & MI : (3,796) (3,568)
% Change Over the Last Period : N/A
EPS / (LPS)
Basic (in dollar) : HKD (0.0063) HKD (0.0059)
Diluted (in dollar) : N/A N/A
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit (Loss) after ETD Items : (3,796) (3,568)
3rd Quarter Dividends per Share : NIL NIL
(specify if with other options) : N/A N/A
B/C Dates for 3rd Quarter Dividends : N/A
Payable Date : N/A
B/C Dates for (-) General Meeting : N/A
Other Distribution for Current Period : NIL
B/C Dates for Other Distribution : N/A
(bdi: both days inclusive)

For and on behalf of
Blu Spa Holdings Limited

Signature :
Name : Ms. Chan Choi Har, Ivy
Title : Director

Responsibility statement

The directors of the Company (the "Directors") as at the date hereof
hereby collectively and individually accept full responsibility for the
accuracy of the information contained in this results announcement form
(the "Information") and confirm, having made all reasonable inquiries,
that to the best of their knowledge and belief the Information are
accurate and complete in all material respects and not misleading and
that there are no other matters the omission of which would make the
Information herein inaccurate or misleading.The Directors acknowledge
that the Stock Exchange has no responsibility whatsoever with regard to
the Information and undertake to indemnify the Exchange against all
liability incurred and all losses suffered by the Exchange in connection
with or relating to the Information.

Remarks:

1. BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The Company was incorporated in the Cayman Islands on 30 August
2001 as an exempted company with limited liability under the
Companies Law Cap. 22 (Law 3 of 1961, as consolidated and revised) of
the Cayman Islands.
The unaudited condensed consolidated results for the nine months
ended 31 March 2005 have been prepared on a going concern basis.

1. PRINCIPAL ACCOUNTING POLICIES

The principal accounting policies adopted in preparing the unaudited
consolidated financial statements are consistent
with accounting policies used in the preparation of the Group's annual
report for the year ended 30 June 2004.

In the current period, the Group has adopted the following
Hong Kong Financial Reporting Standards ("HKFRSs")
issued by the Hong Kong Institute of Certified Public
Accountants (the "HKICPA"), the term of HKFRSs is
inclusive of Statement of Standard Accounting Practice
("SSAPs") and the Interpretations approved by the HKICPA:

SSAP 12 (Revised) Income taxes

In the current period, the Group has adopted SSAP 12
(Revised) "Income Taxes". The principle effect of the
implementation of SSAP 12 (Revised) is in relation to deferred tax.
SSAP 12 (Revised) requires the adoption of a balance sheet liability
method, whereby deferred tax is recognized in respect of all temporary
differences between the carrying amounts of assets and liabilities in
the financial statements and the corresponding tax bases used in the
computation of taxable profits, with limited exceptions. In the absence
of any apecific transitional requirement in SSAP 12 (Revised), the new
accounting policy has been applied retrospectively. Comparative amounts
for 2004 have been restated accordingly. The effect of the change is a
decreased credit to the income taxes on the current period of HK$Nil
(2004: credit HK$20,000).

1. TURNOVER

Turnover represents the net amounts received and receivable for goods
sold and therapy services performed, less returns and allowances,
by the Group to outside customers.

1. OTHER REVENUE

Other Revenue for the nine months ended 31 March 2005 mainly
represents joint promption income with other vender,
Whilst the other revenue for the previous corresponding period in 2004
represented the cash discount received from professional fee payment.

1. FINANCE COSTS

The finance cost being the interest expenses payable to sharehoders'
loans from Profit Trick Holdings Limited and Rocket High Investments
Limited. The loan is repayable on demand and bear interest at Hong
Kong Dollar prime lending rate quoted by HSBC.

1. TAXATION

No provision for Hong Kong Profits Tax has been made for the nine
months ended 31 March 2005 and the corresponding period in
2004, as the Group had no assessable profits for the respective period.

1. DIVIDEND

The directors do not recommend the payment of a dividend
for the nine months ended 31 March 2005 (2004: Nil).

1. BASIC LOSS PER SHARE

The calculation of the basic loss per share for the
nine months ended 31 March 2005 is based on the loss attributable
to the shareholders of approximately HK$3.8 million
(2004: the loss attributable to the shareholders HK$3.6 million); and
on the weighted average number of ordinary shares of 606,800,000
(2004: 606,800,000) ordinary shares of the Company in issue
during the period.

No diluted loss per share for the nine month ended 31 March 2005
was presented as the Company did not assume the exercise of
share option outstanding because the exercise prices of the Company's
share options were higher than the average market price for shares.