GRANDY CORP<08143> - Results Announcement (Final, 2004/2005, Summary)
Grandy Corporation announced on 28 June 2005:
(stock code: 08143 )
Year end date :31 March 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 1 April 2004 from 1 April 2003
to 31 March 2005 to 31 March 2004
$'000 $'000
Turnover : 34,230 18,578
Profit/(Loss) from Operations : (6,156) (38,373)
Finance cost : (288) (102)
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 : (7,045) (34,729)
% Change Over the Last Period : N/A
EPS / (LPS)
Basic (in dollar) : (HKD 0.03) (HKD 0.18)
Diluted (in dollar) : N/A N/A
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit (Loss) after ETD Items : (7,045) (34,729)
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
Grandy Corporation
Signature :
Name : Chan Hon Chiu
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:
1. Turnover
Turnover represents the aggreagte of the net amounts received and
receivable from third parties in connection with installation,
engineering and management of wasterwate treatment systems
and environmental facilities, provision of environmental analyses
and measurement services, the sales of environmental
proteciton products and provision of related services.
2. Taxation
Income tax expense represents the sum of the tax currently payable
and deferred tax.
3. Loss per share
The calculation of basic loss per share is based on the net
loss for the year of HK$ 7,045,000 (2004: 34,729,000) and the
weighted average number of 238,971,928 (2004: 196,664,618) shares
in issue during the year after adjusting for the effects of
the share consolidation approved on 11 May 2005. The basic loss per share for
2004 had been adjusted accordingly.
No diluted loss per share has been presented as share options
during the year had an anti-dilutive effect on the basic
loss per share for both years.
4. Dividend
No dividends had been paid or declared by the Company for the year
ended 31 March 2005 (2004: Nil).
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