ARCONTECH<08097> - Results Announcement (Q1, 2005/2006, Summary)
Arcontech Corporation announced on 17/09/2005:
(stock code: 08097 )
Year end date :31/03/2006
Currency :HKD
Auditors' report :N/A
1st 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 1/4/2005 from 1/4/2004
to 30/6/2005 to 30/6/2004
$'000 $'000
Turnover : 439 1,352
Profit/(Loss) from Operations : (1,126) (9,258)
Finance cost : (365) (7,227)
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 : (319) (10,443)
% Change Over the Last Period : N/A
EPS / (LPS)
Basic (in dollar) : (HKD 0.0039) (HKD 0.0127)
Diluted (in dollar) : N/A N/A
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit (Loss) after ETD Items : (319) (10,443)
1st Quarter Dividends per Share : NIL NIL
(specify if with other options) : N/A N/A
B/C Dates for 1st 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
Arcontech Corporation
Signature :
Name : Chan Kwok Choi Stanley
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. Basis of presentation
These unaudited consolidated condensed accounts have
been prepared under the historic cost convention and
prepared in accordance with SSAP 25, Interim Financial
Reporting, issued by the Hong Kong Institute of Certified Public
Accountants ("HKICPA") and the applicable disclosure requirements
of the GEM Listing Rules. These unaudited consolidated
accounts should be read in conjunction with the 2005 annual
accounts.
The accounting policies and basis of presentation used in
interpreting of these unaudited interim financial statements
are consistent with those used in the Group's annual
accounts for the year ended 31 March 2005.
2. Earnings per share
The calculation of the basic loss per share for the three
months ended 30 June 2005 is based on the Group's loss
attributable to shareholders of approximately HK$319,000
(2004: HK$10,443,000) and the weighted average number
of 820,000,000 (2004: 820,000,000) ordinary shares in
issued during the period.
Diluted loss per share is not presented because there were
no dilutive potential ordinary shares outstanding during the
period.
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