13:29 CHINA TREASURE<00810> - Results Announcement China Treasure (Greater China) Investments Limited announced on 22/04/2005: (stock code: 00810 ) Year end date: 31/12/2004 Currency: HKD Auditors' Report: Unqualified (Audited ) (Audited ) Last Current Corresponding Period Period from 01/01/2004 from 01/01/2003 to 31/12/2004 to 31/12/2003 Note ($ ) ($ ) Turnover : 234,000 366,349 Profit/(Loss) from Operations : (606,511) (44,123,146) Finance cost : N/A (14,629) 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 : (606,511) (44,137,775) % Change over Last Period : N/A % EPS/(LPS)-Basic (in dollars) : (0.0059) (0.4285) -Diluted (in dollars) : N/A N/A Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : (606,511) (44,137,775) 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: Explanatory Notes of China Treasure (Greater China) Investments Limited 1. The basis of presentation of the audited results is based on the audite condensed financial statements of the Company for the year ended 31st December 2004. TURNOVER Turnover represents interest income received and receivable from investments in debt securities during the year. 2. LOSS FROM OPERATIONS 2004 2003 HK$ HK$ Loss from operations has been arrived at after charging (crediting): Auditors' remuneration 161,000 112,850 Bank interest income (18,769) (12,953) Exchange gains (27,460) - Operating lease payments in respect of rented premises - 70,000 Staff costs, including directors' emoluments 432,542 1,667,951 ======================== 3. LOSS PER SHARE The calculation of the basic loss per share is based on the net loss for the year of HK$606,511 (2003: HK$44,137,775) and 103,000,000 (2003: 103, 000,000) ordinary shares in issue during the year. No diluted loss per share is presented as the Company did not have any potential ordinary shares in issue during the year.