&lt;RANCHMEN'S RESOURCES LTD> YEAR LOSS

  Shr loss seven cts vs loss 3.83 dlrs
      Net profit 1,700,000 vs loss 13,900,000
      Revs 18.7 mln vs 25.6 mln
      Note: Current shr after preferred dividends of 2.0 mln dlrs
      Prior shr and net includes 34.5 mln dlr writedown on oil
  properties
  

