PACMOS TECH<01010> - Results Announcement
PacMOS Technologies Holdings Limited announced on 25/04/2005:
(stock code: 01010 )
Year end date: 31/12/2004
Currency: HKD
Auditors' Report: Unqualified
(Audited )
(Audited ) Last
Current Corresponding
Period Period
from 01/01/2004 from 01/01/2003
to 31/12/2004 to 31/12/2003
Note ('000 ) ('000 )
Turnover : 163,961 121,700
Profit/(Loss) from Operations : (81,754) 226,013
Finance cost : (1,234) (1,627)
Share of Profit/(Loss) of
Associates : N/A N/A
Share of Profit/(Loss) of
Jointly Controlled Entities : N/A N/A
Profit/(Loss) after Tax & MI : (91,388) 216,712
% Change over Last Period : N/A %
EPS/(LPS)-Basic (in dollars) : (0.2715) 0.6439
-Diluted (in dollars) : N/A N/A
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit/(Loss) after ETD Items : (91,388) 216,712
Final Dividend : NIL NIL
per Share
(Specify if with other : N/A N/A
options)
B/C Dates for
Final Dividend : N/A
Payable Date : N/A
B/C Dates for Annual
General Meeting : To Be Announced
Other Distribution for : N/A
Current Period
B/C Dates for Other
Distribution : N/A
Remarks:
1. (LOSS) / PROFIT FROM OPERATIONS
(Loss) / profit from operations was arrived at after charging and
crediting the following major items:
2004 2003
HK$'000 HK$'000
Charging:
Unrealised loss arising from mark-to-market 94,333 -
valuation of other investments, net
Depreciation of fixed assets 4,323 4,070
Amortisation / impairment charge of goodwill 4,391 74
Amortisation / impairment charge of intangible
assets 2,637 2,402
Staff costs 15,784 14,739
Research costs 12,177 8,374
Crediting:
Unrealised gain arising from mark-to-market
valuation of other investments, net - 213,571
2. (LOSS) / EARNINGS PER SHARE
The calculation of basic loss per share for the year ended 31st December
2004 is based on the consolidated net loss attributable to shareholders of
approximately HK$91,388,000 (2003: consolidated net profit of HK$216,712,
000) and 336,587,142 shares (2003: 336,587,142 shares) in issue during the
year.
Diluted earnings per share is not presented as there is no dilutive effect
on the loss per share.
3. DISCONTINUING OPERATIONS
The Group entered into a provisional sale and purchase agreement on 23rd
November 2004 with an independent third party for disposal of the
investment property situated at 18 Lee Chung Street, Chai Wan, Hong Kong
(the "Property") at a total cash consideration of HK$51,700,000. The
completion date for the disposal of the Property was on 10th March 2005.
The operating results of the investment property holding segment are
reported in the accounts as a discontinuing operation. The results of the
investment property holding segment as at and for the year ended 31st
December 2004 are as follows:
2004 2003
HK$'000 HK$'000
Turnover 3,875 4,320
Profit from operations 2,116 2,531
Profit after taxation 804 853
|