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2006

Results Announcement (Final, 2005, Summary)

2006-03-14

HAITIAN ANTENNA<08227> - Results Announcement (Final, 2005, Summary)




Xi'an Haitian Antenna Technologies Co., Ltd. announced on 14/03/2006:

(stock code: 08227 )


Year end date                         :31/12/2005

Currency                              :RMB

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 01/01/2005   from 01/01/2004

                                         to 31/12/2005     to 31/12/2004

                                               RMB'000           RMB'000


Turnover                              :        176,889           200,999

Profit/(Loss) from Operations         :         23,844            23,556

Finance cost                          :        (7,840)           (6,460)

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     :         15,463            15,017

% Change Over the Last Period         :          +2.97%

EPS / (LPS)

          Basic (in dollar)           :      RMB 0.024         RMB 0.023

          Diluted (in dollar)         :            N/A               N/A

Extraordinary (ETD) Gain/(Loss)       :            N/A               N/A

Profit (Loss) after ETD Items         :        15,463            15,017

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  :12/04/2006   to 13/05/2006   bdi.

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.


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. PRINCIPAL ACCOUNTING POLICIES

These financial statements have been prepared in accordance

with all applicable Hong Kong Financial Reporting Standards

("HKFRSs"), which collective term includes all applicable

individual Hong Kong Financial Reporting Standards,

Hong Kong Accounting Standards("HKASs") and

interpretations issued by the Hong Kong Institute of

Certified Public Accountants ("HKICPA"), accounting

principles generally accepted in Hong Kong, the disclosure

requirements of the Hong Kong Companies Ordinance and

the Rules Governing the Listing of Securities on the GEM of

the Stock Exchange.

The HKICPA has issued a number of new and revised HKFRSs

that the effective or available for early adoption for

accounting periods beginning on or after 1 January 2005.

2. DIVIDEND

At a meeting held on 9 August 2005, the Board declared an

interim dividend of RMB0.015 per share of the Company for

the year ending 31 December 2005 (2004: nil) to the

shareholders of the Company.

The Board does not recommend the payment of a dividend for

the year 2005 (2004: nil).

3. BASIC EARNINGS PER SHARE

The calculation of the basic earnings per share is based on

the profit attributable to equity shareholders of the

Company of RMB15,463,137 (2004:RMB15,017,358) and the

weighted average number of 647,058,824 shares in issue

during the year (2004:647,058,824).

No diluted earnings per share has been presented because

there is no potential ordinary share outstanding during

either year.


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