DIGITEL<08030> - Results Announcement (Final, 2004, Summary)
DigiTel Group Limited announced on 23/03/2005:
(stock code: 08030 )
Year end date :31/12/2004
Currency :HKD
Auditors' report :Modified
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 : 3,631 3,382
Profit/(Loss) from Operations : 44,614 (4,980)
Finance cost : (1,154) (2,734)
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 : 43,736 (6,861)
% Change Over the Last Period : N/A
EPS / (LPS)
Basic (in dollar) : HKD 0.038 (HKD 0.006)
Diluted (in dollar) : N/A N/A
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit (Loss) after ETD Items : 43,736 (6,861)
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
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. General information and basis of preparation
The Company was incorporated in the Cayman Islands on 9 March 2000 as
an exempted company with limited liability under the Companies Law of
the Cayman Islands.
The accounts have been prepared on a going concern basis which assumes,
among other things, the realisation of assets and satisfaction of
liabilities in the normal course of business. This assumption is
dependent upon the continuing financial support of the Group's creditors
and other external funding being available.
2. Earnings/(loss) per share
The calculation of basic earnings/(loss) per share is based on the
profit attributable to shareholders of approximately HK$43,736,000
(2003: loss of HK$6,861,000) and the weighted average of 1,140,730,792
(2003: 1,140,730,792) ordinary shares in issue.
3. Modified and unqualified auditors' report
The auditors' report of the Group for the year ended 31 December 2004
has been unqualified and modified for the fundamental uncertainty.
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