GREENCOOL TECH<08056> - Results Announcement (Q3, 2004, Summary)
GREENCOOL TECHNOLOGY HOLDINGS LIMITED announced on 08/11/2004:
(stock code: 08056 )
Year end date :31/12/2004
Currency :RMB
Auditors' report :N/A
3rd Quarterly Report Reviewed 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 30/09/2004 to 30/09/2003
RMB'000 RMB'000
Turnover : 118,725 111,284
Profit/(Loss) from Operations : 19,336 20,917
Finance cost : (2,753) (2,088)
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 : 33,932 19,512
% Change Over the Last Period : +73.90%
EPS / (LPS)
Basic (in dollar) : RMB 0.0339 RMB 0.0195
Diluted (in dollar) : N/A N/A
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit (Loss) after ETD Items : 33,932 19,512
3rd Quarter Dividends per Share : NIL NIL
(specify if with other options) : N/A N/A
B/C Dates for 3rd Quarter 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
GREENCOOL TECHNOLOGY HOLDINGS LIMITED
Signature :
Name : MOK HENRY WING KAI
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.
(1) Turnover from continuing operations and discontinued operations
For the nine months ended 30 September
2004 2003
RMB'000 RMB'000
Continuing Operations 118,725 111,284
Discontinued Operations 0 0
-------- --------
Total 118,725 111,284
======== ========
Turnover of continuing operations comprised the followings:
For the nine months ended 30 September
2004 2003
RMB'000 RMB'000
Conversion engineering income 83,206 102,473
Sale of CFC-free refrigerants 725 8,811
Sale of refrigeration trucks 34,794 0
-------- --------
Total 118,725 111,284
======== ========
(2) Profit from continuing operations and discontinued operations
For the nine months ended 30 September
2004 2003
RMB'000 RMB'000
Continuing Operations 19,336 20,917
Discontinued Operations 0 0
-------- --------
Total 19,336 20,917
======== ========
(3) Earnings per share("EPS")
The calculation of the basic earnings per share for the nine
months ended 30 September 2004 is based on the unaudited net profits
of RMB33,932,000(2003: RMB19,512,000) and the weighted average
of 1,000,000,000 shares in issue throughout the period.
No diluted EPS for the nine months ended 30 September 2004 has been
presented as the exercise price of the Company's option was higher
than the average market price per shares.
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