EVOC<08285> - Results Announcement (Q3, 2003, Summary)
Shenzhen EVOC Intelligent Technology Company Limited announced on
11/11/2003:
(stock code: 08285)
Year end date :31/12/2003
Currency :RMB
Auditors' report :N/A
Review of 3rd Quarterly Report 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 01/01/2003 from 01/01/2002
to 30/09/2003 to 30/09/2002
RMB'000 RMB'000
Turnover : 132,899 94,983
Profit/(Loss) from Operations : 34,949 25,199
Finance cost : (2,227) (3,363)
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 : 30,141 20,397
% Change Over the Last Period : +47.77%
EPS / (LPS)
Basic (in dollar) : RMB 0.086 RMB 0.058
Diluted (in dollar) : N/A N/A
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit (Loss) after ETD Items : 30,141 20,397
3rd Quarterly Dividends per Share : NIL RMB 8.6 cents
(specify if with other options) : N/A N/A
B/C Dates for 3rd Quarterly 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
For and on behalf of
Shenzhen EVOC Intelligent Technology Company Limited
Signature :
Name : Tsui Chun Kuen
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. Listing date
The Company's H Shares were listed on the Growth Enterprise
Market (the "GEM") of The Stock Exchange of Hong Kong Limited
on 10 October 2003.
2.Basis of presentation
The unaudited quarterly financial reports has been prepared in
accordance with accounting principles generally accepted in Hong
Kong and comply with accounting standards issued by the Hong Kong
Society of Accountant (collectively "HKGAAP"). They have been
prepared under the historical cost convention and in accordance
with 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 accounting policies adopted
are consistent with those adopted in preparation of the Company's
annual financial statements for 31 December 2002 as set out in
the accountants' report in the prospectus of the Company dated
30 September 2003.
3. Turnover
Turnover represents invoiced value of goods sold, net of value-
added tax, and after allowances for goods returned and trade
discounts.
4. The basis of calculation for basic EPS
The calculation of basic earnings per share for the nine months
ended 30 September 2003 is based on the profit attributable to
shareholders of approximatelely RMB30,141,000 (2002:RMB20,397,000)
and on weighted average number of approximately 350,300,000
shares deemed to be in issue during the period and taking no
account of 116,800,000 new H Shares issued pursuant to the
Listing (2002:350,300,000 shares).
Diluted earnings/(loss) per share were not presented because
there were no dilutive potential share in existence during
the periods.
5. Dividend
The Directors do not recommend the payment of dividend for the
nine months ended 30 September 2003(2002: approximately RMB30
million).
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