SINO STRIDE TEC<08177> - Results Announcement (Q2, 2006, Summary)
Sino Stride Technology (Holdings) Limited announced on 11/08/2006:
(stock code: 08177 )
Year end date :31/12/2006
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
(* Unaudited) (* Unaudited)
Current Last Corresponding
Period Period
from 01/01/2006 from 01/01/2005
to 30/6/2006 to 30/6/2005
$'000 $'000
Turnover : 89,709 109,414
Profit/(Loss) from Operations : 4,598 6,208
Finance cost : (2,762) (2,124)
Share of Profit/(Loss) of Associates : (126) (95)
Share of Profit/(Loss) of Jointly
Controlled Entites : N/A N/A
Profit/(Loss) after Taxation & MI : 2,510 4,170
% Change Over the Last Period : -39.81%
EPS / (LPS)
Basic (in dollar) : RMB 0.0023 RMB 0.0038
Diluted (in dollar) : N/A N/A
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit (Loss) after ETD Items : 2,510 4,170
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
Sino Stride Technology (Holdings) Limited
Signature :
Name : Chow Shu Wing
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 preparation and consolidation
The Company was incorporated in the Cayman Islands
on 12 December 2001 as an exempted limited company
under the Companies Law, (2001 Second Revision)
of the Cayman Islands. The
Companyˇ¦s shares were listed on GEM on 29 July 2002.
The Group is principally engaged in the development and
provision of system integration solutions in the Mainland
of the PRC and the HKSAR.
The unaudited consolidated results have been prepared
under the historical cost convention in accordance with
International Financial Reporting Standards ("IFRS"),
which comprise standards and interpretations approved
by the International Accounting Standards Board, and
International Accounting Standards and Interpretations of
the Standing Interpretations Committee approved by
the International Accounting Standards Committee that remain
in effect and the disclosure requirements of the Hong Kong
Companies Ordinance.
2. Dividends
The Board does not recommend the payment of any interim
dividend for the six month ended 30 June 2006 (2005: Nil).
3. Earnings per share
Basic
The calculation of basic earnings per share for the three months
and six months periods ended 30 June 2006
is based on the net profit attributable to
shareholders of RMB2,291,000 and RMB2,510,000 (2005: RMB3,695,000
and RMB4,170,000) and the number of 1,086,300,000 ordinay
shares in issue for the three months and six months ended 30
June 2006(2005:1,086,300,000 ordinary shares).
Diluted
Diluted earnings per share equals basic earnings per share
because there were no potential dilutive ordinary shares
outstanding during the three months and six months ended 30
June 2006 and 2005.
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