G. A. HOLDINGS<08126> - Results Announcement G.A. Holdings Limited announced on 12/08/2004: (stock code: 08126 ) Year end date: 31/12/2004 Currency: SGD Auditors' Report: N/A Interim report reviewed by: Audit Committee 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 (Unaudited ) (Unaudited ) Last Current Corresponding Period Period from 01/01/2004 from 01/01/2003 to 30/06/2004 to 30/06/2003 Note ('000 ) ('000 ) Turnover : 63,679 58,349 Profit/(Loss) from Operations : 2,836 2,802 Finance cost : (892) (724) Share of Profit/(Loss) of Associates : N/A N/A Share of Profit/(Loss) of Jointly Controlled Entities : N/A N/A Profit/(Loss) after Tax & MI : 1,445 1,657 % Change over Last Period : -12.8 % EPS/(LPS)-Basic (in dollars) : 0.0036 0.0041 -Diluted (in dollars) : N/A N/A Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : 1,445 1,657 2nd Quarter Dividend : Nil Nil per Share (Specify if with other : N/A N/A options) B/C Dates for 2nd Quarter 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 G.A. Holdings Limited Name : Chan Hing Ka Anthony Title : Chairman and Managing 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: 1. ACCOUNTING POLICIES The accounting policies adopted for the preparation of these unaudited consolidated financial statements are consistent with those adopted by the Group in the annual audited financial statements for the year ended 31 December 2003. 2. EARNINGS/LOSSES PER SHARE The calculation of basic losses per share for the three months ended 30 June 2004 was based on the unaudited consolidated loss attributable to shareholders of approximately S$305,000 and on the 400,000,000 ordinary shares in issue during the three months ended 30 June 2004. The calculation of basic earnings per share for the three months ended 30 June 2003 was based on the unaudited consolidated profit attributable to shareholders of approximately S$592,000 and on the 400,000,000 ordinary shares in issue during the three months ended 30 June 2003. Diluted losses and earnings per share were not presented as there were no dilutive potential ordinary shares in existence during the three months ended 30 June 2004 and 2003 respectively. The calculation of basic earnings per share for the six months ended 30 June 2004 was based on the unaudited consolidated profit attributable to shareholders of approximately S$1,445,000 and on the 400,000,000 ordinary shares in issue during the six months ended 30 June 2004. The calculation of basic earnings per share for the six months ended 30 June 2003 was based on the unaudited consolidated profit attributable to shareholders of approximately S$1,657,000 and on the 400,000,000 ordinary shares in issue during the six months ended 30 June 2003. Diluted earnings per share was not presented as there were no dilutive potential ordinary shares in existence during the six months ended 30 June 2004 and 2003. |