K-Star Sports Limited announced unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported profit attributable to equity holders of RMB 154,000 or 0.06 cents basic and diluted earnings per share on revenue of RMB 85,592,000 compared to profit attributable to equity holders of RMB 10,555,000 or 3.96 cents basic and diluted earnings per share on revenue of RMB 108,110,000 for the corresponding period last year. Profit before taxation was RMB 322,000 against RMB 14,122,000 for the same period last year. Net cash generated from operating activities was RMB 2,543,000 against 44,813,000 of prior year period. Purchase of property, plant and equipment was RMB 1,709,000.

K-Star Sports Limited reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2012. For the quarter, the company reported revenue of RMB 119,751,000 compared to RMB 126,718,000 a year ago. Loss before taxation was RMB 14,137,000 compared to RMB 21,481,000 a year ago. Total comprehensive loss attributable to equity holders of the company was RMB 15,722,000 or 5.90 sen per basic and diluted share, compared to RMB 18,470,000 or 6.93 sen per basic and diluted share, a year ago. For the year, the company reported revenue of RMB 497,720,000 compared to RMB 652,553,000 a year ago. Loss before taxation was RMB 16,723,000 compared to profit before taxation of RMB 63,229,000 a year ago. Total comprehensive loss attributable to equity holders of the company was RMB 26,605,000 or 9.99 sen per basic and diluted share, compared to total comprehensive income attributable to equity holders of the company of RMB 44,257,000 or 16.61 sen per basic and diluted share, a year ago. Net cash used in operating activities was RMB 48,706,000 compared to net cash generated from operating activities of RMB 131,785,000 a year ago. Purchase of property, plant and equipment was RMB 646,000 compared to RMB 13,444,000 a year ago. Addition of intangible assets was RMB 11,000,000. Acquisition of land use rights was RMB 16,616,000 compared to RMB 233,000 a year ago.

K-Star Sports Limited announced that it has changed its registered office address from C-17-3A Level 17, Megan Avenue II, Jalan Yap Kwan Seng, 50450 Kuala Lumpur, Malaysia to B-11-10 Level 11, Megan Avenue II, Jalan Yap Kwan Seng, 50450 Kuala Lumpur, Malaysia.