LOULAN HOLDINGS<08039> - Results Announcement (Q2, 2005, Summary)
Loulan Holdings Limited announced on 09/08/2005:
(stock code: 08039 )
Year end date :31/12/2005
Currency :RMB
Auditors' report :N/A
2nd 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
(* Un Audited) (* Un Audited)
Current Last Corresponding
Period Period
from 01/01/2005 from 01/01/2004
to 30/06/2005 to 30/06/2004
$'000 $'000
Turnover : 4,468 30,510
Profit/(Loss) from Operations : (5,274) (4,738)
Finance cost : (1,644) (1,644)
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 : (6,992) (6,566)
% Change Over the Last Period : N/A
EPS / (LPS)
Basic (in dollar) : (RMB 0.017) (RMB 0.016)
Diluted (in dollar) : N/A N/A
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit (Loss) after ETD Items : (6,992) (6,566)
2nd Quarter Dividends per Share : NIL NIL
(specify if with other options) : N/A N/A
B/C Dates for 2nd 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
Loulan Holdings Limited
Signature :
Name : Peng Zhi Heng
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. Group reorganisation
The Company was incorporated in the Cayman Islands on 29 August 2001 as
an exempted company with limited liability and its shares have been
listed on the GEM of the Stock Exchange since 12 August 2002.
Pursuant to a group reorganisation ("the Reorganisation") to rationale
the structure of the Group in preparation for the listing of the
Company's shares on the GEM of the Stock Exchange, the Company became
the holding company of the Group on 24 July 2002. Details of the
Reorganisation are set out in the prospectus of the Company dated 31
July 2002 (the "Prospectus").
2. Basis of preparation and principal accounting policies
The unaudited consolidated results have been prepared in accordance
with applicable disclosure provisions of the GEM Listing Rules
of the Stock Exchange of Hong Kong Limited.
The accounting policies adopted in preparing the unaudited consolidated
results for the period ended 30 June 2005 are consistent with those
followed in the preparation of the Group's annual financial statements
for the year ended 31 December 2004
3. Loss per share
The calculation of the Group's basic loss per share for the six months
ended 30 June 2005 was based on the unaudited loss attributable to
shareholders of approximately RMB6,992,000 (2004: RMB6,566,000) and
the weighted average of 400,000,000 (2004: 400,000,000) shares
deemed to have been in issue during the period.
Diluted loss per share for the six months ended 30 June 2005 and 2004
have not been disclosed as there were no dilutive potential
shares during the period.
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