ITE HOLDINGS<08092> - Results Announcement (Final, 2002/2003, Summary) ITE (Holdings) Limited announced on 11/06/2003: (stock code :08092) Year end date :31/03/2003 Currency :HKD Auditors' report :Unqualified Review of Quarterly Report by :N/A 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 (Audited) (Audited) Current Last Corresponding Period Period from 01/04/2002 from 01/04/2001 to 31/03/2003 to 31/03/2002 $'000 $'000 Turnover : 77,302 62,849 Profit/(Loss) from Operations : (20,799) 5,281 Finance cost : (582) (143) 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 : (21,214) 4,834 % Change Over the Last Period : N/A EPS / (LPS) Basic (in dollar) : (HKD 0.0234) HKD 0.0053 Diluted (in dollar) : (HKD 0.0228) HKD 0.005 Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit (Loss) after ETD Items : (21,214) 4,834 Final Dividends per Share : NIL NIL (specify if with other options) : N/A N/A B/C Dates for Final 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 For and on behalf of ITE (Holdings) Limited Signature : Name : Lau Hon Kwong Vincent Title : Chief Executive Officer 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: Basis of preparation The accounts have been prepared in accordance with all applicable Statements of Standard Accounting Practice and Interpretations issued by the Hong Kong Society of Accountants, accounting principles generally accepted in Hong Kong and the disclosure requirements of the Hong Kong Companies Ordinance. The accounts also comply with the applicable disclosure provisions of the GEM Listing Rules. The measurement basis used in the preparation of the accounts is historical cost. (Loss)/Earning per share Basic (loss)/earning per share The calculation of basic (loss)/earning per share is based on the loss attributable to shareholders of approximately HK$21,214,000 (2002: profit of approximately HK$4,834,000) and the weighted average of 907,759,068 ordinary shares (2002: 903,581,535 shares after adjusting for the bonus issue in 2002) in issue during the year. Diluted (loss)/earning per share The calculation of diluted (loss)/earning per share is based on the loss attributable to shareholders of approximately HK$21,214,000 (2002: profit of approximately HK$4,834,000) and the weighted average of 930,321,740 ordinary shares (2002: 968,708,399 shares after adjusting for the bonus issue in 2002) after adjusting for the effects of all potential dilutive ordinary shares. |