G. A. HOLDINGS<08126> - Results Announcement
G.A. Holdings Limited announced on 11/08/2006:
(stock code: 08126 )
Year end date: 31/12/2006
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 01/01/2006 from 01/01/2005
to 30/06/2006 to 30/06/2005
Note ('000 ) ('000 )
Turnover : 34,122 51,306
Profit/(Loss) from Operations : 4,606 3,083
Finance cost : (1,904) (1,185)
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 : 2,251 1,563
% Change over Last Period : +44 %
EPS/(LPS)-Basic (in dollars) : 0.0057 0.0039
-Diluted (in dollars) : N/A N/A
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit/(Loss) after ETD Items : 2,251 1,563
2nd Quarter Dividend : N/A N/A
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 : Loh Nee Peng
Title : 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. Basis of preparation
The unaudited interim results of the group have been prepared in accordance with Hong Kong
Financial Reporting Standards ("HKFRS") as published by the Hong Kong Institute of
Certified Public Accountants ("HKICPA"), the disclosure requirements of the Hong Kong
Companies Ordinance and the Rules Governing the Listing of Securities on the Growth
Enterprise Market of The Stock Exchange of Hong Kong Limited (the "GEM Listing Rules").
The accounting policies adopted for the preparation of these unaudited consolidated
results of the group are consistent with those adopted by the group in the preparation of
annual audited financial statements for the year ended 31 December 2005.
The financial statements have been prepared on the historical cost basis except for the
revaluation of certain financial assets.
2. Turnover
Turnover represents the net invoiced value of goods sold after allowances for returns,
trade discounts, other taxes related to sales where applicable, and services
rendered.
The Group has recorded a total turnover of approximately S$34,122,000 for the period
ended 30 June 2006 representing a decrease of approximately 33.5% over the corresponding
period of 2005.
3. Earnings per share
The calculation of basic earnings per share is based on net profit from ordinary
activities attributable to shareholders for the period of approximately S$2,260,000
(2005: S$1,573,000) and 400,000,000 (2005: 400,000,000) ordinary shares in issue
during the period.
Diluted earnings per share is not presented as there were no dilutive potential ordinary
shares in existence during two periods ended 30 June 2006 and 2005.
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