RECRUIT<08073> - Results Announcement Recruit Holdings Limited announced on 18/10/2004: (stock code: 08073 ) Year end date: 31/12/2004 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 01/01/2004 from 01/01/2003 to 30/09/2004 to 30/09/2003 Note ('000 ) ('000 ) Turnover 2 : 72,852 37,204 Profit/(Loss) from Operations 3 : 20,648 1,230 Finance cost : 0 0 Share of Profit/(Loss) of Associates : 0 0 Share of Profit/(Loss) of Jointly Controlled Entities : 0 0 Profit/(Loss) after Tax & MI : 20,620 1,230 % Change over Last Period : +1,576 % EPS/(LPS)-Basic (in dollars) 4 : 0.0917 0.0086 -Diluted (in dollars) 4 : 0.0914 0.0086 Extraordinary (ETD) Gain/(Loss) : 0 0 Profit/(Loss) after ETD Items : 20,620 1,230 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 Recruit Holdings Limited Name : Ho Suk Yi 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 preparation The principal accounting policies adopted in preparing the unaudited consolidated financial statements for the nine months ended 30th September, 2004, are consistent with those followed in the Group's annual audited consolidated financial statements for the year ended 31st December, 2003. 2. Turnover Nine months ended 30th September 2004 2003 HK$'000 HK$'000 Advertising income 72,689 37,204 Publication sales 13 - Service income 150 - ------------------------- 72,852 37,204 ========================= 3. Profit from operations Profit from operations has been arrived at after charging: Nine months ended 30th September 2004 2003 HK$'000 HK$'000 Depreciation 1,020 1,164 Staff costs 11,589 10,555 Operating leases rental in respect of Rented premises 909 609 Internet access line 70 112 4. Earnings per share The calculation of the basic and diluted earnings per share is based on the following data: Nine months ended 30th September 2004 2003 HK$'000 HK$'000 Earnings for the purposes of basic and diluted earnings per share for the period 20,620 1,230 =========================== Number of shares ('000) (Restated) Weighted average 224,763 143,250 number of ordinary shares for the purposes of basic earnings per share Effect of dilutive potential ordinary shares in respect of share options granted 918 124 --------------------------- Weighted average number of ordinary shares for the purposes of diluted earnings per share 225,681 143,374 =========================== |