ECO-TEK HLDGS<08169> - Results Announcement (Q2, 2004/2005, Summary) Eco-Tek Holdings Limited announced on 09/06/2005: (stock code: 08169 ) Year end date :31/10/2005 Currency :HKD Auditors' report :N/A 2nd 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 30/04/2005 to 30/04/2004 $'000 $'000 Turnover : 31,428 51,344 Profit/(Loss) from Operations : 5,507 8,540 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 : 5,105 8,684 % Change Over the Last Period : -41.21% EPS / (LPS) Basic (in dollar) : HKD 0.0093 HKD 0.0157 Diluted (in dollar) : HKD 0.0079 HKD 0.0134 Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit (Loss) after ETD Items : 5,105 8,684 2nd Quarter Dividends per Share : NIL NIL (specify if with other options) : N/A N/A B/C Dates for 2nd 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 condensed interim financial statements have been prepared in accordance with Statements of Standard Accounting Practice 25 "Interim Financial Reporting" issued by the Hong Kong Institute of Certified Public Accountants and the disclosure requirements set out in Chapter 18 of the Rules Governing the Listing of Securities on the Growth Enterprise Market of the Stock Exchange (the "GEM Listing Rules"). The unaudited condensed interim financial statements have been prepared under the historical cost convention. The accounting policies and basis of preparation adopted for the preparation of these accounts are consistent with those adopted by the Group in its annual financial statements for the year ended 31 October 2004. 2. Turnover Turnover represents the net invoiced value of goods sold, after allowances for returns and trade discounts. 3. Dividends The Board does not recommend the payment of an interim dividend for the six months ended 30 April 2005 (six months ended 30 April 2004: nil). 4. Earnings per share The earnings per share amount for the three months ended 30 April 2005 is calculated based on the unaudited consolidated profit attributable to shareholders of the Company for the period of HK$2,086,000 (three months ended 30 April 2004: HK$5,348,000) and the weighted average of 552,800,000 (three months ended 30 April 2004: 552,800,000) ordinary shares in issue during the period. The earnings per share amount for the six months ended 30 April 2005 is calculated based on the unaudited consolidated profit attributable to shareholders of the Company for the period of HK$5,105,000 (six months ended 30 April 2004: HK$8,684,000) and the weighted average of 552,800,000 (six months ended 30 April 2004: 552,800,000) ordinary shares in issue during the period. The calculation of the diluted earnings per share for the three months ended 30 April 2005 is based on the unaudited consolidated profit attributable to shareholders of the Company for the period of HK$2,086,000 (three months ended 30 April 2004: HK$5,348,000) and 645,201,883 (three months ended 30 April 2004: 649,044,914) ordinary shares, being the 552,800,000 (three months ended 30 April 2004: 552,800,000) ordinary shares as used in the calculation of basic earnings per share, and the weighted average of 92,401,883 (three months ended 30 April 2004: 96,244,914) 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. The calculation of the diluted earnings per share for the six months ended 30 April 2005 is based on the unaudited consolidated profit attributable to shareholders of the Company for the period of HK$5,105,000 (six months ended 30 April 2004: HK$8,684,000) and 645,569,350 (six months ended 30 April 2004: 648,280,299) ordinary shares, being the 552,800,000 (six months ended 30 April 2004: 552,800,000) ordinary shares as used in the calculation of basic earnings per share, and the weighted average of 92,769,350 (six months ended 30 April 2004: 95,480,299) 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. |