ARCONTECH<08097> - Results Announcement (Final, 2003/2004, Summary)
Arcontech Corporation announced on 28/06/2004:
(stock code: 08097 )
Year end date :31/03/2004
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 01/04/2003 from 01/04/2002
to 31/03/2004 to 31/03/2003
$'000 $'000
Turnover : 100,459 540,367
Profit/(Loss) from Operations : (99,655) (431,939)
Finance cost : (9,387) (7,242)
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 : (92,874) (421,107)
% Change Over the Last Period : N/A
EPS / (LPS)
Basic (in dollar) : (HKD 0.1133) (HKD 0.5184)
Diluted (in dollar) : N/A N/A
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit (Loss) after ETD Items : (92,874) (421,107)
Final Dividends per Share : NIL NIL
(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 : 21/07/2004 to 26/07/2004 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:
(1) 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.
(2) Loss per share
The calculation of basic (loss) / earnings per share for the
year ended 31 March 2004 is based on the
Group's loss attributable to shareholders of
HK$92,874,000 (2003: HK$421,107,000) and 820,000,000
shares (2003: 812,328,767 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.
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