EXCEL TECH<08048> - Results Announcement
Excel Technology International Holdings Limited announced on 08/11/2004:
(stock code: 08048 )
Year end date: 31/12/2004
Currency: HKD
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 30/09/2004 to 30/09/2003
Note ('000 ) ('000 )
Turnover : 122,403 129,174
Profit/(Loss) from Operations : (12,477) (24,496)
Finance cost : (233) (359)
Share of Profit/(Loss) of
Associates : 3,598 542
Share of Profit/(Loss) of
Jointly Controlled Entities : 0 0
Profit/(Loss) after Tax & MI : (8,696) (24,429)
% Change over Last Period : N/A %
EPS/(LPS)-Basic (in dollars) : (0.0088) (0.0248)
-Diluted (in dollars) : (0.0088) (0.0248)
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit/(Loss) after ETD Items : (8,696) (24,429)
3rd Quarter Dividend : 0 0
per Share
(Specify if with other : N/A N/A
options)
B/C Dates for
3rd 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
Excel Technology International Holdings Limited
Name : Zee Chan Mei Chu, Peggy
Title : Chairman
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
The financial information have been prepared in accordance with the
applicable disclosure requirements of Chapter 18 of the Rules
Governing the Listing of Securities on the Growth Enterprise Market of
The Stock Exchange of Hong Kong Limited.
2. Turnover
The principal activities of the Group are the development, sales and
implementation of enterprise software.
Turnover represents the aggregate of the net amounts received and
receivable from the sale of enterprise software products, and the
provision of application, systems integration and professional
services during the period.
3. Loss per share
The calculation of basic loss per share for the nine months ended 30
September 2004 is based on the loss attributable to shareholders of
HK$8,696,000 (2003: Loss HK$24,429,000) and the 985,050,000 (2003:
985,050,000) shares in issue during the period.
No diluted loss per share has been presented as the exercise price of
the options was higher than the average market price per share. Thus
no exercise of the Company's outstanding options is assumed .
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