WANASPORTS<08020> - Results Announcement
Wanasports Holdings Limited announced on 13/02/2004:
(stock code: 08020 )
Year end date: 31/03/2004
Currency: HKD
Auditors' Report: N/A
Interim report reviewed by: Audit Committee
Important Note:
This result announcement form only contain extracted information
from and should be read in conjunction with the detailed results
announcement of the issuer, which can be view on the GEM website
at http://www.hkgem.com
(Unaudited )
(Unaudited ) Last
Current Corresponding
Period Period
from 01/04/2003 from 01/04/2002
to 31/12/2003 to 31/12/2002
Note ('000 ) ('000 )
Turnover : 3,732 8,790
Profit/(Loss) from Operations : (1,769) (15,130)
Finance cost : (3) (34)
Share of Profit/(Loss) of
Associates : (6) 0
Share of Profit/(Loss) of
Jointly Controlled Entities : N/A N/A
Profit/(Loss) after Tax & MI : (1,778) (12,485)
% Change over Last Period : N/A %
EPS/(LPS)-Basic (in dollars) : (0.003) (0.0295)
-Diluted (in dollars) : N/A N/A
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit/(Loss) after ETD Items : (1,778) (12,485)
3rd Quarter Dividend : N/A N/A
per Share
(Specify if with other : N/A N/A
options)
B/C Dates for
3rd Quarter Dividend : N/A
Payable Date : N/A
B/C Dates for (-)
General Meeting : N/A
Other Distribution for : N/A
Current Period
B/C Dates for Other
Distribution : N/A
For and on behalf of
Wanasports Holdings Limited
Name : Chan Kwok Choi
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. Group reorganisation and basis of presentation
The unaudited consolidated results of the Group
for the nine months ended 31 December 2003
2003 include the results of the companies now comprising the Group
as if the current group structure had been in existence
as if the current group structure had been in existence
or establishment, whichever is a shorter period.
All significant intra-group transactions and balances
have been eliminated on consolidation.
The accounts have been prepared in accordance with
all applicable Statements of Standard Accounting Practice
and Interpretations issued by the Hong Kong Society of Accountants
and accounting principles generally accepted in Hong Kong.
The principal accounting policies adopted in preparing
the unaudited consolidated results are consistent with those
followed in the Group's annual financial statements
for the year ended 31 March 2003.
Certain prior periods' comparative figures have been reclassified
to conform with the current period's presentation.
2. Loss per share
The calculation of the basic loss per share
for the three months ended 31 December 2003 is based on
the unaudited consolidated loss attributable to shareholders
of HK$1,778,000 and (2002: HK$12,485,000)
and the weighted average number of 502,932,414
(2002: 465,300,000) ordinary shares outstanding during the period.
No diluted loss per share for the nine months ended
31 December 2003 and the corresponding period in 2002
2002 is presented because there were no dilutive potential
ordinary shares in existence during the period.
|