ITE HOLDINGS<08092> - Results Announcement (Final, 2004/2005, Summary) ITE (HOLDINGS) LIMITED announced on 17/06/2005: (stock code: 08092 ) Year end date :31/03/2005 Currency :HKD Auditors' report :Unqualified 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 01/04/2004 from 01/04/2003 to 31/03/2005 to 31/03/2004 $'000 $'000 Turnover : 48,470 61,843 Profit/(Loss) from Operations : (14,880) (11,317) Finance cost : (729) (721) 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 : (15,609) (12,038) % Change Over the Last Period : N/A EPS / (LPS) Basic (in dollar) : (HKD 0.0172) (HKD 0.0133) Diluted (in dollar) : N/A N/A Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit (Loss) after ETD Items : (15,609) (12,038) 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 (bdi: both days inclusive) For and on behalf of ITE (HOLDINGS) LIMITED Signature : Name : Lau Hon Kwong Vincent Title : 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: Basis of preparation The accounts have been prepared in accordance with all applicable Statements of Standard Accounting Practics ("SSAPs") and Interpretations issued by the Hong Kong Institute of Certified Public Accountants ("HKICPA"), 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 as modified by the revaluation of trading securities. The HKICPA has issued a number of new and revised Hong Kong Financial Reporting Standards and Hong Kong Accounting Standards ("new HKFRSs") which are effective for accounting periods beginning on or after 1 January 2005. The Company has not early adopted these new HKFRSs in the accounts for the year ended 31 March 2005. The Company has already commenced an assessment of the impact of these new HKFRSs but is not yet in a position to state whether these new HKFRSs would have a significant impact on its results of operations and financial position. Loss per share (a) Basic loss per share The calculation of basic loss per share is based on the loss attributable to shareholders of approximately HK$15,609,000 (2004: approximately HK$12,038,000) and the weighted average of 907,536,000 ordinary shares (2004: 907,536,000 ordinary shares) in issue during the year. (b) Diluted loss per share No diluted loss per share is presented for the year as there were no dilutive potential ordinary shares in existence during the year. |