HAITIAN ANTENNA<08227> - Results Announcement (Final, 2003, Summary)
Xi'an Haitian Antenna Technologies Co., Ltd. announced on 19/03/2004:
(stock code: 08227)
Year end date :31/12/2003
Currency :RMB
Auditors' report :Unqualified
Review of Quarterly Report by :N/A
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 01/01/2003 from 01/01/2002
to 31/12/2003 to 31/12/2002
RMB'000 RMB'000
Turnover : 226,732 164,526
Profit/(Loss) from Operations : 58,481 48,587
Finance cost : (4,954) (4,025)
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 : 43,009 36,393
% Change Over the Last Period : +18.18%
EPS / (LPS)
Basic (in dollar) : RMB 0.082 RMB 0.073
Diluted (in dollar) : N/A N/A
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit (Loss) after ETD Items : 43,009 36,393
Final Dividends per Share : RMB0.005 RMB0.03
(specify if with other options) : N/A N/A
B/C Dates for Final Dividends :13/04/2004 to 12/05/2004 bdi.
Payable Date :On or before 31/07/2004
B/C Dates for Annual General Meeting :13/04/2004 to 12/05/2004 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 : Tsang, Yu Tit David
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. The Company was listed on the GEM of the Stock Exchange on 5 November
2003. It is the first announcement of the Company's final result.
2. The financial statements of the Company have been prepared under the
historical cost convention and in accordance with accounting
principles generally accepted in Hong Kong.
3. All the Company's turnover were generated from continuing operation;
and therefore all the Company's profits were generated from
continuing operation.
4. The calculation of the basic earnings per share is based on the net
profit for the year of RMB43,008,835 (2002: RMB36,393,348) and the
weighted average number of 522,965,351 shares in issue during the
year (2002:500,000,000 shares as if the sub-division of shares as
described in note 20 to the audited financial statements.