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. |