ARCONTECH<08097> - Results Announcement (Q2, 2002/2003, Summary)
Arcontech Corporation announced on 01/11/2002
(stock code: Ord: 08097)
Year end date :31/03/2003
Currency :HKD
Auditors' report :N/A
Review of 2nd Quarterly Report 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 01/04/2002 from 01/04/2001
to 30/09/2002 to 30/09/2001
$'000 $'000
Turnover : 388,473 234,968
Profit/(Loss) from Operations : 34,357 50,026
Finance cost : (2,812) (1,234)
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 : 24,872 40,671
% Change Over the Last Period : -38.85%
EPS / (LPS)
Basic (in dollar) : HKD 0.0309 HKD 0.0565
Diluted (in dollar) : N/A N/A
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit (Loss) after ETD Items : 24,872 40,671
2nd Quarterly Dividends per Share : HK0.50 cent HK 0.50 cent
(specify if with other options) : N/A N/A
B/C Dates for 2nd Quarterly Dividends :18/11/2002 to 19/11/2002 bdi.
Payable Date : 27/11/2002
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
Arcontech Corporation
Signature :
Name :Yip Ho Bun, Edwin
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.
Remark:
**Basis of presentation**
The accounts have been prepared in accordance with
accounting principles generally accepted in Hong Kong
and comply with accounting standards issued by the Hong
Kong Society of Accountants.
**Earnings per share**
The calculation of basic earnings per share for the
6 months ended 30 September 2002 is based on the
Group's profit attributable to shareholders of
HK$24,872,000 (2001: HK$40,671,000) and 804,699,454
shares (2001: 720,000,000 shares) in issue during the
period.
Diluted earnings per share is not presented because
there were no dilutive potential ordinary shares
outstanding during the period.
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