GRANDY CORP<08143> - Results Announcement (Final, 2003/2004, Summary)
Grandy Corporation announced on 28 June 2004:
(stock code: 08143 )
Year end date :31 March 2004
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 1 April 2003 from 1 April 2002
to 31 March 2004 to 31 March 2003
$ $
Turnover : 18,578,214 28,318,430
Profit/(Loss) from Operations : (38,372,658) (11,217,492)
Finance cost : (101,637) (476,675)
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 : (34,728,652) (11,374,780)
% Change Over the Last Period : N/A
EPS / (LPS)
Basic (in dollar) : (HKD 0.0353) (HKD 0.0138)
Diluted (in dollar) : N/A N/A
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit (Loss) after ETD Items : (34,728,652) (11,374,780)
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 Annual General Meeting : To be announced
Other Distribution for Current Period : NIL
B/C Dates for Other Distribution : N/A
(bdi: both days inclusive)
For and on behalf of
Grandy Corporation
Signature :
Name : Wilfred Wong
Title : Financial Controller
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. Loss per share
The calculation of the basic loss per share is based on the net loss for
the year of HK$34,728,652 (2003: HK$11,374,780) and the weighted average
number of 983,323,092 (2003: 822,269,406) shares in issue during the
year.
No diluted loss per share has been presented as the exercise price of
the Company's share options was higher than the average market price of
the Company's shares during the year.
2. Dividends
No dividends had been paid or declared by the Company for the year ended
31 March 2004 (2003: Nil).
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