MEDIANATION<08160> - Results Announcement (Final, 2004, Summary) MediaNation Inc. announced on 21/03/2005: (stock code: 08160 ) Year end date :31/12/2004 Currency :HKD Auditors' report :Unqualified 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 01/01/2004 from 01/01/2003 to 31/12/2004 to 31/12/2003 $'000 $'000 Turnover : 439,601 375,568 Profit/(Loss) from Operations : (20,147) (158,018) Finance cost : (29) (1,568) Share of Profit/(Loss) of Associates : 31,005 23,264 Share of Profit/(Loss) of Jointly Controlled Entites : N/A N/A Profit/(Loss) after Taxation & MI : 2,526 (143,775) % Change Over the Last Period : N/A EPS / (LPS) Basic (in dollar) : HKD 0.0014 (HKD 0.1325) Diluted (in dollar) : N/A N/A Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit (Loss) after ETD Items : 2,526 (143,775) 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 (-) 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 MediaNation Inc. Signature : Name : Cheng Ka Chung, Michael 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. Profit/(loss) per share The calculation of basic profit/(loss) per share is based on the Group's net profit/(loss) attributable to shareholders of approximately HK$2,526,000 (2003: loss of HK$143,775,000) and the weighted average of 1,803,488,985 ordinary shares in issue during the year (2003: weighted average of 1,085,387,435 ordinary shares after the Open Offer). The diluted profit per share for the year ended 31 December 2004 is not presented because the effect of the assumed conversion of all potential dilutive securities is anti-dilutive. |