PAN SINO INT'L<08260> - Results Announcement (Q2, 2004, Summary)
PAN SINO INTERNATIONAL HOLDING LIMITED announced on 10/08/2004:
(stock code: 08260 )
Year end date :31/12/2004
Currency :HKD
Auditors' report :N/A
Review of 2nd 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 01/01/2004 from 01/01/2003
to 30/06/2004 to 30/06/2003
$'000 $'000
Turnover : 220,966 216,881
Profit/(Loss) from Operations : 57,008 40,840
Finance cost : 0 (1,499)
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 : 38,337 28,659
% Change Over the Last Period : +33.77%
EPS / (LPS)
Basic (in dollar) : HKD 0.0479 HKD 0.0512
Diluted (in dollar) : HKD 0.0449 HKD 0.0467
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit (Loss) after ETD Items : 38,337 28,659
2nd Quarterly Dividends per Share : NIL NIL
(specify if with other options) : N/A N/A
B/C Dates for 2nd 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
PAN SINO INTERNATIONAL HOLDING LIMITED
Signature :
Name :Rudi Zulfian
Title :Director
Responsibility statement
The directors of the Company (the "Directors") as at the date hereof
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.
Remark:
1. Group Reorganisation.
The Company was incorporated in the Cayman Islands on 16th October
2002 as an exempted company with limited liability under the Companies
Law, Cap. 22 (Law 3 of 1961, as consolidated and revised) of the
Cayman Islands. Pursuant to a reorganisation scheme to rationalise
the structure of the Group in preparation for the listing of the
Companyˇ¦s shares on the Growth Enterprise Market of The Stock Exchange
of Hong Kong Limited on 2nd December 2003, the Company became
the holding company of the companies now comprising the Group on
23rd June 2003. This was accomplished through the acquisition of
the entire issued share capital of Dickinson Group Limited in
consideration of and in exchange for the Companyˇ¦s allotted and
issued ordinary shares.
2. Listing Date
The Company was listed on 2nd December 2003
3. Basis of Preparation
The accounting policies adopted for the preparation of these unaudited
consolidated results of the Group are consistent with those adopted
by the Group in the preparation of annual audited financial statements
for the year ended 31st December 2003.
4. Earnings per share
The calculation of the basic earnings per share is based on profit
attributable to shareholders for the six months ended 30th June
2004 of HK$38,337,000.00 (30th June, 2003: HK$28,659,000.00) and
on 800,000,000 (2003: 560,000,000) shares in issue during the period.
The calculation of the diluted earnings per share is based on profit
attributable to shareholders for the six months ended 30th June
2004 of HK$38,337,000.00 (30th June, 2003: HK$28,659,000.00)
and on 854,000,000 (2003: 614,755,556) shares in issue during
the period.
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