GRANDY CORP<08143> - Results Announcement (Q1, 2004/2005, Summary)
Grandy Corporation announced on 11 August 2004:
(stock code: 08143 )
Year end date :31 March 2005
Currency :HKD
Auditors' report :N/A
1st Quarterly Report Reviewed by :Audit Committee
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
(Unaudited) (Unaudited)
Current Last Corresponding
Period Period
from 1 April 2004 from 1 April 2003
to 30 June 2004 to 30 June 2003
$'000 $'000
Turnover : 4,696 3,989
Profit/(Loss) from Operations : 683 (5,696)
Finance cost : (113) (35)
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 : 419 (5,550)
% Change Over the Last Period : N/A
EPS / (LPS)
Basic (in dollar) : HKD 0.00036 (HKD 0.00637)
Diluted (in dollar) : N/A N/A
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit (Loss) after ETD Items : 419 (5,550)
1st Quarter Dividends per Share : NIL NIL
(specify if with other options) : N/A N/A
B/C Dates for 1st Quarter 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
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. Earnings/(loss) per share
The calculation of basic earnings per share for the three months
ended 30 June 2004 is based on the unaudited net profit from
ordinary activities attributable to shareholders of approximately
HK$419,000 andon the average number of 1,158,671,667 ordinary
shares in issue during the period.
The calculation of basic loss per share for the three months ended
30 June 2003 is based on the unaudited net loss from ordinary
activities attributable to shareholders of approximately
HK$5,550,000 and on the average number of 871,666,667 ordinary
shares in issue during the period.
No diluted loss per share for the three months ended 30 June 2004
and for the three months ended 30 June 2003 have been presented as
the exercise prices of the Company's share options were higher than
the average market price of the Company's shares during the period.
2. Dividend
The Board does not recommend the payment of an interim dividend for
the three months ended 30 June 2004.
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