ECO-TEK HLDGS<08169> - Results Announcement (Q1, 2004/2005, Summary)
Eco-Tek Holdings Limited announced on 10/03/2005:
(stock code: 08169 )
Year end date :31/10/2005
Currency :HKD
Auditors' report :N/A
1st Quarterly Report Reviewed by :Audit Committee
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
(Unaudited) (Unaudited)
Current Last Corresponding
Period Period
from 01/11/2004 from 01/11/2003
to 31/01/2005 to 31/01/2004
$'000 $'000
Turnover : 17,362 21,164
Profit/(Loss) from Operations : 3,115 3,131
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 : 3,019 3,336
% Change Over the Last Period : -9.50%
EPS / (LPS)
Basic (in dollar) : HKD 0.0055 HKD 0.006
Diluted (in dollar) : HKD 0.0047 HKD 0.0052
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit (Loss) after ETD Items : 3,019 3,336
1st Quarter Dividends per Share : NIL NIL
(specify if with other options) : N/A N/A
B/C Dates for 1st Quarter Dividends : N/A
Payable Date : N/A
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.
Remarks:
1. Principal accounting policies and basis of preparation
The unaudited consolidated accounts are prepared in accordance with and
comply with all applicable Statements of Standard Accounting Practice
and Interpretations issued by the Hong Kong Institute of Certified
Public Accountants and the disclosure requirements of the Hong Kong
Companies Ordinance. The unaudited consolidated accounts are prepared
under the historical cost convention.
The unaudited consolidated accounts incorporate the accounts of the
Company and its subsidiaries for the three months ended 31 January 2005.
All material intercompany transactions and balances within the Group
are eliminated on consolidation. The accounting policies and basis of
preparation adopted for the preparation of the unaudited consolidated
accounts are consistent with those adopted by the Group in its annual
financial statements for the year ended 31 October 2004.
2. Earnings per share
The earnings per share amount for the three months ended 31 January 2005
is calculated based on the unaudited consolidated profit attributable
to shareholders of the Company for the period of HK$3,019,000
(2004: HK$3,336,000) and the weighted average of 552,800,000
(2004: 552,800,000) ordinary shares in issue during the period.
The calculation of the diluted earnings per share for the three months
ended 31 January 2005 is based on the unaudited consolidated profit
attributable to shareholders of the Company for the period of
HK$3,019,000 (2004: HK$3,336,000) and 646,058,211 (2004: 647,399,374)
ordinary shares, being the 552,800,000 (2004: 552,800,000) ordinary
shares as used in the calculation of basic earnings per share, and the
weighted average of 93,258,211 (2004: 94,599,374) ordinary shares
assumed to have been issued on the deemed exercise of the share options
under the pre-IPO share option scheme, ANT share option scheme and
post-IPO share option scheme.
|