WANASPORTS<08020> - Results Announcement
Wanasports Holdings Limited announced on 23/06/2005:
(stock code: 08020 )
Year end date: 31/03/2005
Currency: HKD
Auditors' Report: Unqualified
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
(Audited )
(Audited ) Last
Current Corresponding
Period Period
from 01/04/2004 from 01/04/2003
to 31/03/2005 to 31/03/2004
Note ('000 ) ('000 )
Turnover : 5,175 4,740
Profit/(Loss) from Operations : (2,826) (5,530)
Finance cost : (1) (1)
Share of Profit/(Loss) of
Associates : 0 (56)
Share of Profit/(Loss) of
Jointly Controlled Entities : 0 0
Profit/(Loss) after Tax & MI : (2,571) (5,765)
% Change over Last Period : N/A %
EPS/(LPS)-Basic (in dollars) : (0.0051) (0.0115)
-Diluted (in dollars) : N/A N/A
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit/(Loss) after ETD Items : (2,571) (5,765)
Final Dividend : N/A N/A
per Share
(Specify if with other : N/A N/A
options)
B/C Dates for
Final 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
Wanasports Holdings Limited
Name : Chiang Wee Tiong
Title : Director
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:
Remarks :
1. Basis of preparation of the financial statements
The financial statements have been prepared in accordance with generally accepted
accounting principles in Hong Kong, and have been prepared under the historical cost
convention as modified with respect to the measurement of other investments.
2. Loss per share
The calculation of basic loss per share is based on the loss attributable to shareholders
of HK$2,571,000 (2004 : HK$5,765,000) and the weighted average number of 500,896,721
(2004 : 500,896,721) shares in issue during the year. Diluted loss per share for the year
has not been presented because there were no dilutive potential ordinary shares
outstanding during the two years ended 31 March 2005.
3. Dividend
The directors do not recommend the payment of a final dividend for the year ended 31 March
2005 (2004 : Nil).
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