Walnut Capital Limited — Earnings Release 2002

Apr 28, 2003

Listed Company Information

HAYWOOD INV<00905> - Results Announcement Haywood Investment Limited announced on 28/04/2003: (stock code: 00905 ) Year end date: 31/12/2002 Currency: HKD Auditors' Report: Unqualified (Audited ) (Audited ) Last Current Corresponding Period Period from 01/01/2002 from 01/01/2001 to 31/12/2002 to 31/12/2001 Note ('000 ) ('000 ) Turnover : 876 369 Profit/(Loss) from Operations : (27,075) (40,621) Finance cost : (148) N/A 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 : (27,223) (40,621) % Change over Last Period : N/A % EPS/(LPS)-Basic (in dollars) : (0.236) (0.4062) -Diluted (in dollars) : N/A N/A Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : (27,223) (40,621) Final Dividend : NIL NIL 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 Remarks: 1. Included in loss from operations are the following material items:- 2002 2001 HK$'000 HK$'000 Loss on disposal of listed investments 481 30,381 Impairment loss recognized in respect of Investments in securities 20,995 6,750 ===== ===== 2. The calculation of the loss per share is based on the loss for the year of HK$27,223,000 (2001: HK$40,621,000) and on the weighted average number of 115,342,466 (2001:100,000,000) shares in issue during the year.