ECO-TEK HLDGS<08169> - Results Announcement (Q3, 2004/2005, Summary)
Eco-Tek Holdings Limited announced on 12/09/2005:
(stock code: 08169 )
Year end date :31/10/2005
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 01/11/2004 from 01/11/2003
to 31/07/2005 to 31/07/2004
$'000 $'000
Turnover : 44,674 81,567
Profit/(Loss) from Operations : 6,317 12,281
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 : 5,546 13,057
% Change Over the Last Period : -57.52%
EPS / (LPS)
Basic (in dollar) : HKD 0.0101 HKD 0.0236
Diluted (in dollar) : HKD 0.0086 HKD 0.0201
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit (Loss) after ETD Items : 5,546 13,057
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 quarterly results have been prepared in
accordance with accounting principles generally accepted in Hong Kong
and comply with Hong Kong Financial Reporting Statements 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 unaudited quarterly results have been prepared under the
historical cost convention. The accounting policies and basis of
preparation adopted for the preparation of the quarterly results 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
nine months ended 31 July 2005 (nine months ended 31 July 2004: nil).
4. Earnings per share
The earnings per share amount for the three months ended 31 July 2005
is calculated based on the unaudited consolidated profit attributable
to shareholders of the Company for the period of HK$441,000
(three months ended 31 July 2004: HK$4,373,000) and the weighted
average of 552,800,000 (three months ended 31 July 2004: 552,800,000)
ordinary shares in issue during the period.
The earnings per share amount for the nine months ended 31 July 2005 is
calculated based on the unaudited consolidated profit attributable to
shareholders of the Company for the period of HK$5,546,000
(nine months ended 31 July 2004: HK$13,057,000) and the weighted
average of 552,800,000 (nine months ended 31 July 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 July 2005 is based on the unaudited consolidated profit
attributable to shareholders of the Company for the period of
HK$441,000 (three months ended 31 July 2004: HK$4,373,000) and
644,578,974 (three months ended 31 July 2004: 647,908,609) ordinary
shares, being the 552,800,000 (three months ended 31 July 2004:
552,800,000) ordinary shares as used in the calculation of basic
earnings per share, and the weighted average of 91,778,974 (three
months ended 31 July 2005: 95,108,609) 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 nine months
ended 31 July 2005 is based on the unaudited consolidated profit
attributable to shareholders of the Company for the period of
HK$5,546,000 (nine months ended 31 July 2004: HK$13,057,000) and
644,711,030 (nine months ended 31 July 2004: 648,166,658) ordinary
shares, being the 552,800,000 (nine months ended 31 July 2004:
552,800,000) ordinary shares as used in the calculation of basic
earnings per share, and the weighted average of 91,911,030 (nine months
ended 31 July 2004: 95,366,658) 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.
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