DIGITEL<08030> - Results Announcement (Q3, 2004, Summary)
DigiTel Group Limited announced on 12/11/2004:
(stock code: 08030 )
Year end date :31/12/2004
Currency :HKD
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
$'000 $'000
Turnover : 3,034 2,834
Profit/(Loss) from Operations : 226 (3,410)
Finance cost : (963) (2,098)
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 : 44,767 (5,297)
% Change Over the Last Period : N/A
EPS / (LPS)
Basic (in dollar) : HKD 0.0392 HKD -0.0046
Diluted (in dollar) : N/A N/A
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit (Loss) after ETD Items : 44,767 (5,297)
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
DigiTel Group Limited
Signature :
Name : Lee Chuen Bit
Title : Chairman
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 results have been prepared under the historical cost convention in
accordance with accounting principles generally accepted in Hong Kong
and comply with Hong Kong Financial Reporting Standards.
The results are unaudited but have been reviewed by the Company's
audit committee.
The accounting policies and basis of preparation used in the preparation
of the results are the same as those used in the preparation of the
Group's audited financial statements for the year ended 31 December
2003.
2. Turnover
The Group's turnover by principal activities is analysed as follows:
(Unaudited)
For the nine months ended
30 September
2004 2003
HK$'000 HK$'000
System integration contracts
revenue 2,893 182
Sale of goods at invoiced value,
net of returns and discounts - 1,699
Customized solution services
income - 290
Rental income 141 663
------ ------
3,034 2,834
====== ======
3. Earnings/Loss per share
The calculation of basic earnings/loss per share for the Three-Month
Period and Nine-Month Period are based on the profit attributable to
shareholders of approximately HK$2,548,000 and HK$44,767,000
respectively (for the three months and nine months ended 30 September
2003:loss HK$801,000 and HK$5,297,000) and the weighted average of
1,140,730,792 (for the three months and nine months ended 30 September
2003: 1,140,730,792)ordinary shares in issue.
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