HAITIAN ANTENNA<08227> - Results Announcement (Q1, 2006, Summary)
Xi'an Haitian Antenna Technologies Co., Ltd.* (* for identification purpose only)
announced on 12/05/2006:
(stock code: 08227 )
Year end date :31/12/2006
Currency :RMB
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
(* Un Audited) (* Un Audited)
Current Last Corresponding
Period Period
from 01/01/2006 from 01/01/2005
to 31/03/2006 to 31/03/2005
RMB'000 RMB'000
Turnover : 27,859 22,501
Profit/(Loss) from Operations : (9,233) (8,308)
Finance cost : (1,235) (2,059)
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 : (9,016) (10,367)
% Change Over the Last Period : N/A
EPS / (LPS)
Basic (in dollar) : (RMB 0.014) (RMB 0.017)
Diluted (in dollar) : N/A N/A
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit (Loss) after ETD Items : (9,016) (10,367)
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
Xi'an Haitian Antenna Technologies Co., Ltd.* (* for identification purpose only)
Signature :
Name : Chow Yuk Lan, Fion
Title : Company Secretary
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. BASIS OF PREPARATION
These unaudited consolidated financial results have been prepared
in accordance with the accounting principles generally accepted
in Hong Kong and the accounting standards issued by the Hong Kong
Institute of Certified Public Accountants.
The Group's books and records are maintained in Renminbi ("RMB"),
the currency in which the majority of the Group¡¦s transactions
is denominated.
2. ACCOUNTING POLICIES
The accounting policies used in the unaudited consolidated
financial results are consistent with those followed in the
preparation of the Group's annual financial statements for
the year ended 31 December 2005.
3. DIVIDEND
The Board does not recommend the payment of a dividend for
the three months ended 31 March 2006 (2005: nil).
4. BASIC LOSS PER SHARE
The calculation of the basic loss per share is based on
the unaudited net loss for the three months ended 31 March
2006 of approximately RMB9,016,000 (unaudited net loss for
the three months ended 31 March 2005: approximately
RMB10,367,000) divided by the number of 647,058,824 shares
in issue (2005: 647,058,824 shares).
No diluted loss per share has been presented because there
is no potential ordinary share outstanding during either
period.