ARCONTECH<08097> - Results Announcement (Final, 2002/2003, Summary) Arcontech Corporation announced on 20/11//2003: (stock code: 08097 ) Year end date :31/03/2003 Currency :HKD Auditors' report :Qualified Review of Quarterly Report by :N/A 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 (Audited) (Audited) Current Last Corresponding Period Period from 01/04/2002 from 01/04/2001 to 31/03/2003 to 31/03/2002 $'000 $'000 Turnover : 540,367 472,395 Profit/(Loss) from Operations : (431,939) 84,946 Finance cost : (7,242) (3,914) 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 : (421,107) 67,612 % Change Over the Last Period : N/A EPS / (LPS) Basic (in dollar) : (HKD 0.5184) HKD 0.0939 Diluted (in dollar) : N/A N/A Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit (Loss) after ETD Items : (421,107) 67,612 Final Dividends per Share : NIL HK 1.00 cent (specify if with other options) : N/A N/A B/C Dates for Final Dividends : N/A Payable Date : N/A B/C Dates for Annual General Meeting :10/12/2003 to 13/12/2003 bdi. 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. Remarks: **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. **(Loss) / Earnings per share** The calculation of basic (loss) / earnings per share for the year ended 31 March 2003 is based on the Group's loss attributable to shareholders of HK$421,107,000 (2002: profit of HK$67,612,000) and 812,328,767 shares (2002: 720,000,000 shares) in issue during the year. Diluted earnings per share is not presented because there were no dilutive potential ordinary shares outstanding during the period. |