CHENGDUTOP TECH<08135> - Results Announcement (Q1, 2003, Summary)
Chengdu Top Sci-Tech Company Limited announced on 13/05/2003
(stock code: 08135 )
Year end date :31/12/2003
Currency :RMB
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 01/01/2003 from 01/01/2002
to 31/03/2003 to 31/03/2002
$'000 $'000
Turnover : 7,951 10,804
Profit/(Loss) from Operations : 684 (500)
Finance cost : (1) (537)
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 : 839 (856)
% Change Over the Last Period : N/A
EPS / (LPS)
Basic (in dollar) : RMB 0.0012 RMB -0.0013
Diluted (in dollar) : N/A N/A
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit (Loss) after ETD Items : 839 (856)
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
Chengdu Top Sci-Tech Company Ltd.
Signature :
Name :Fan Jing Ru
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 and principal accounting policies
The Group's unaudited consolidated results have been prepared in
accordance with Statements of Standard Accounting Practice issued
by the Hong Kong Society of Accountants and accounting principles
generally accepted in Hong Kong and the Rules Governing the
Listing of Securities on the GEM of the Stock Exchange (the
"GEM Listing Rules").
The principal accounting policies adopted in preparing the accouts
are consistent with those used in the annual financial statements
for the year ended 31 December 2002 of the Group.
(2) Earnings (loss) per share
The calculation of basic earnings (loss) per share is based on the
profit attributable to shareholders of approximately RMB839,000
for the three months ended 31 March 2003 (three months ended
31 March 2002: loss of approximately (RMB856,000)) and the weighted
average number of 676,000,000 shares in issue during the three months
ended 31 March 2003 (during the three months ended 31 March 2002:
676,000,000 shares).
No diluted earnings (loss) per share is calculated as there were
no potentially dilutive equities outstanding during either period.
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