ECO-TEK HLDGS<08169> - Results Announcement (Final, 2003/2004, Summary)
Eco-Tek Holdings Limited announced on 13/01/2005:
(stock code: 08169 )
Year end date :31/10/2004
Currency :HKD
Auditors' report :Unqualified
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
(Audited) (Audited)
Current Last Corresponding
Period Period
from 01/11/2003 from 01/11/2002
to 31/10/2004 to 31/10/2003
$'000 $'000
Turnover : 106,378 104,039
Profit/(Loss) from Operations : 17,278 15,837
Finance cost : N/A N/A
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 : 18,184 12,986
% Change Over the Last Period : +40.03%
EPS / (LPS)
Basic (in dollar) : HKD 0.0329 HKD 0.0235
Diluted (in dollar) : HKD 0.0281 HKD 0.02
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit (Loss) after ETD Items : 18,184 12,986
Final Dividends per Share : HK 1.50 cents HK 1.15 cents
(specify if with other options) : N/A N/A
B/C Dates for Final Dividends :23/02/2005 to 25/02/2005 bdi.
Payable Date : 07/03/2005
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
Eco-Tek Holdings Limited
Signature :
Name : Chor Ngai
Title : Company Secretary
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.
1. Principal accounting policies and basis of preparation
The financial statements are prepared in accordance with and comply with
all applicable Statements of Standard Accounting Practice (ˇ§SSAPsˇ¨)
and Interpretations issued by the Hong generally accepted in Hong Kong
and the disclosure requirements of the Kong Institute of Certified
Public Accountants and the disclosure requirements of the Hong Kong
Companies Ordinance. The financial statements are prepared under
the historical cost convention.
The consolidated financial statements incorporate the financial
statements of the Company and its subsidiaries made up to 31 October
each year. All material intercompany transactions and balances within
the Group are eliminated on consolidation.
2. Earnings per share
The earnings per share amount for the year is calculated based on the
consolidated profit attributable to shareholders of the Company for the
year of HK$18,184,000 (2003: HK$12,986,000) and the weighted
average of 552,800,000 (2003: 552,800,000) ordinary shares in issue
during the year.
The calculation of diluted earnings per share for the year ended 31
October 2004 is based on the consolidated profit attributable to
shareholders of the Company for the year of HK$18,184,000
(2003: HK$12,986,000) and 648,136,574 (2003: 649,626,979)
ordinary shares, being the 552,800,000 (2003: 552,800,000) ordinary
shares as used in the calculation of basic earnings per share, and
the weighted average of 95,336,574 (2003: 96,826,979) ordinary
shares assumed to have been issued on the deemed exercise of
share option under the Pre-Scheme, ANT-Option Scheme
and Post-Scheme.
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