GP NANOTECH<08152> - Results Announcement
GP NanoTechnology Group Limited announced on 11/03/2004:
(stock code: 08152 )
Year end date: 31/12/2003
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 01/01/2003 from 01/01/2002
to 30/09/2003 to 30/09/2002
Note ('000 ) ('000 )
Turnover : 30,493 58,248
Profit/(Loss) from Operations : (48,389) 9,918
Finance cost : (735) (841)
Share of Profit/(Loss) of
Associates : 0 0
Share of Profit/(Loss) of
Jointly Controlled Entities : 0 0
Profit/(Loss) after Tax & MI : (48,932) 7,858
% Change over Last Period : N/A %
EPS/(LPS)-Basic (in dollars) : (0.0979) 0.0157
-Diluted (in dollars) : N/A N/A
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit/(Loss) after ETD Items : (48,932) 7,858
3rd Quarter Dividend : 0 0
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
GP NanoTechnology Group Limited
Name : Chow Chun Kwong
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 consolidated results of the Group have been
prepared under the historical cost convention in accordance
with accounting principles generally accepted in Hong Kong
and comply with accounting standards issued by the Hong Kong
Society of Accountants.
2. Turnover
Turnover represents the net amounts received and receivable
for goods sold, less returns and allowances by the Group,
to outside customers during the nine months ended
30 September 2003.
3. Loss /(Earnings) per share
The calculation of the basic loss per share for the nine
months ended 30 September 2003 is based on the unaudited
consolidated loss attributable to the shareholders of
approximately HK$ 48.9 million (nine months ended 30 September
2002 of approximately HK$ 7.9million) and the existing issued
number of 500,000,000 shares for the nine months ended 30
September 2003 and 2002.
Diluted loss per share is not presented because there is no
dilutive potential ordinary shares in existence during
the periods.
4. Interim dividend
The Board does not recommend the payment of an interim
dividend for the nine months ended 30 September 2003.
(nine months ended 30 September 2002 : Nil)
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