MEGAINFO<08279> - Results Announcement (Q3, 2003/2004, Summary)
MegaInfo Holdings Limited announced on 13/05/2004:
(stock code: 08279 )
Year end date :30/06/2004
Currency :HKD
Auditors' report :N/A
3rd 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
(Unaudited) (Unaudited)
Current Last Corresponding
Period Period
from 01/07/2003 from 01/07/2002
to 31/03/2004 to 31/03/2003
HK$ HK$
Turnover : 8,057,181 3,368,605
Profit/(Loss) from Operations : (2,876,993) 916,719
Finance cost : (1,579) N/A
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 : (2,878,572) 916,719
% Change Over the Last Period : N/A
EPS / (LPS)
Basic (in dollar) : (HKD 0.0054) HKD 0.0017
Diluted (in dollar) : N/A N/A
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit (Loss) after ETD Items : (2,878,572) 916,719
3rd Quarter Dividends per Share : NIL NIL
(specify if with other options) : N/A N/A
B/C Dates for 3rd 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
MegaInfo Holdings Limited
Signature :
Name : Cheung Yiu Leung
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.
1. Significant accounting policies
The combined results have been prepared in accordance with generally
accepted accounting principles in Hong Kong and comply with accounting
standards issued by the Hong Kong Society of Accountants.
The accounting policies in the preparation of these accounts are
are consistent with those used in the accountants' report set out in
the Prospectus.
2. Taxation
No provision for PRC profits tax and Macau complementary profit tax
have been made in the accounts as the Group has estimated tax losses
brought forward to offset estimated assessable profits for the period
ended 31st March 2003 and does not have any estimated assessable
profits for the period ended 31st March 2004.
There is no material unprovided deferred taxation for the periods
under review.
3. (Loss)/earnings per share
The calculation of basic loss per share for the nine months ended
31st March 2004 is based on the unaudited net loss of approximately
HK$2,878,572 (nine months ended 31st March 2003 : net profit
approximately HK$916,719 ) and on the assumption that 535,000,000
Shares had been in issue throughout the periods under review.
No diluted earning per share has been presented for each of the relevant
periods under review as no diluting events existed.
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