ECO-TEK HLDGS<08169> - Results Announcement (Q3, 2003/2004, Summary) Eco-Tek Holdings Limited announced on 09/09/2004: (stock code: 08169 ) Year end date :31/10/2004 Currency :HKD Auditors' report :N/A 3rd 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 01/11/2003 from 01/11/2002 to 31/07/2004 to 31/07/2003 $'000 $'000 Turnover : 81,567 72,113 Profit/(Loss) from Operations : 12,281 10,772 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 : 13,057 8,382 % Change Over the Last Period : +55.77% EPS / (LPS) Basic (in dollar) : HKD 0.0236 HKD 0.0152 Diluted (in dollar) : HKD 0.0201 HKD 0.0129 Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit (Loss) after ETD Items : 13,057 8,382 3rd Quarter Dividends per Share : NIL NIL (specify if with other options) : N/A N/A B/C Dates for 3rd 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 Group's unaudited consolidated accounts have been prepared in accordance with the Hong Kong Statements of Standard Accounting Practice issued by the Hong Kong Society of Accountants and the disclosure requirements set out in Chapter 18 of the GEM Listing Rules. The unaudited consolidated accounts have been prepared under the historical cost convention. The accounting policies and basis of preparation adopted for the preparation of the accounts are consistent with those adopted by the Group in its annual financial statements for the year ended 31 October 2003. 2. Earnings per share The earnings per share for the three months ended 31 July 2004 is calculated based on the unaudited consolidated net profit attributable to shareholders of the Company of approximately HK$4,373,000 (2003: approximately HK$4,174,000) and the weighted average of 552,800,000 (2003: 552,800,000) ordinary shares in issue during the period. The earnings per share for the nine months ended 31 July 2004 is calculated based on the unaudited consolidated net profit attributable to shareholders of the Company of approximately HK$13,057,000 (2003: approximately HK$8,382,000) and the weighted average of 552,800,000 (2003: 552,800,000) ordinary shares in issue during the period. The calculation of the diluted earnings per share for the three months ended 31 July 2004 is based on the unaudited consolidated net profit attributable to shareholders of the Company of approximately HK$4,373,000 (2003: approximately HK$4,174,000) and 647,908,609 (2003: 649,332,700) 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 95,108,609 (2003: 96,532,700) ordinary shares assumed to have been issued at no consideration on the deemed exercise of the Pre-IPO share options, the option granted to Advance New Technology Limited ("ANT-Option"), and the Post-IPO share options. The calculation of the diluted earnings per share for the nine months ended 31 July 2004 is based on the unaudited consolidated net profit attributable to shareholders of the Company of approximately HK$13,057,000 (2003: approximately HK$8,382,000) and 648,166,658 (2003: 650,247,152) 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 95,366,658 (2003: 97,447,152) ordinary shares assumed to have been issued at no consideration on the deemed exercise of the Pre-IPO share options, the ANT-Option and the Post-IPO share options. |