AKUP INT'L<08179> - Results Announcement (Q1, 2003, Summary)
AKuP International Holding Limited announced on 13/5/2003
(stock code: 08179 )
Year end date :31/12/2003
Currency :HKD
Auditors' report :N/A
Review of 1st 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 1/1/2003 from 1/1/2002
to 31/3/2003 to 31/3/2002
$'000 $'000
Turnover : 6,240 5,726
Profit/(Loss) from Operations : (4,255) 1,199
Finance cost : (59) 0
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 : (4,382) 1,568
% Change Over the Last Period : N/A
EPS / (LPS)
Basic (in dollar) : HKD -0.007 HKD 0.0025
Diluted (in dollar) : N/A N/A
Extraordinary (ETD) Gain/(Loss) : N/A 0
Profit (Loss) after ETD Items : (4,382) 1,568
1st Quarterly Dividends per Share : NIL NIL
(specify if with other options) : N/A N/A
B/C Dates for 1st Quarterly 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
AKuP International Holding Limited
Signature :
Name :Hu Shin-Min, Alex
Title :Executive Director
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 Basis of Preparation
The unaudited first quarterly results announcement has been reviewed
by the audit committee of AKuP International Holding Limited
and prepared in accordance with the applicable disclosure requirements
of the Rules Governing the Listing of Securities on the Growth
Enterprise Market of The Stock Exchange of Hong Kong Limited.
The first quarterly results announcement has been prepared under
the historical cost convention and the same accounting policies
adopted in 2002 annual accounts have been applied to this
announcement.
2 Revenue
Revenue represents income arising from the provision
of custom-made solutions, and maintenance services and
professional services and the sale of hardware and software
products. Revenue excludes value added or other sales taxes
and is after deduction of any trade discounts.
3 (Loss)/Earnings per share
(a) Basic (loss)/earnings per share
The calculation of basic loss per share for the period
ended 31 March 2003 is based on the loss
attributable to shareholders of HK$4,382,000
divided by 630,000,000 shares in issue during
the period.
The calculation of basic earnings per share for the period
ended 31 March 2002 is based on the profit
attributable to shareholders of HK$1,568,000
divided by 630,000,000 shares in issue during
the period.
(b) Diluted (loss)/earnings per share
Diluted loss per share as at 31 March 2003 has not been
presented as the effect of any dilution is anti-dilutive.
There were no potential dilutive ordinary shares in issue
as at 31 March 2002.
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