BEIDA JADE BIRD<08095> - Results Announcement (Q1, 2004, Summary)
Beijing Beida Jade Bird Universal Sci-Tech Company Limited announced on 13/05/2004:
(stock code: 08095 )
Year end date :31/12/2004
Currency :RMB
Auditors' report :N/A
1st 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 01/01/2004 from 01/01/2003
to 31/03/2004 to 31/03/2003
RMB'000 RMB'000
Turnover : 22,212 45,546
Profit/(Loss) from Operations : 283,839 (3,072)
Finance cost : (2,875) (3,903)
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 : 281,420 (4,826)
% Change Over the Last Period : N/A
EPS / (LPS)
Basic (in dollar) : RMB 0.255 (RMB 0.005)
Diluted (in dollar) : N/A N/A
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit (Loss) after ETD Items : 281,420 (4,826)
1st Quarter Dividends per Share : RMB one cent NIL
(specify if with other options) : N/A N/A
B/C Dates for 1st Quarter Dividends :30/06/2004 to 30/07/2004 bdi.
Payable Date : 31/08/2004
B/C Dates for Special General Meeting :30/06/2004 to 30/07/2004 bdi.
Other Distribution for Current Period : NIL
B/C Dates for Other Distribution : N/A
(bdi: both days inclusive)
For and on behalf of
Beijing Beida Jade Bird Universal Sci-Tech Company Limited
Signature :
Name : Alfred Chan
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 Activities and Basis of Presentation
The Group is principally engaged in the research, development,
production, marketing and sales of embedded systems, including
network security products , wireless fire alarm systems,
application specific integrated circuits, global
positioning system application systems, smart card application
systems, remote
automatic meter-reading systems and related products.
The Group is also engaged in the sales of computer products
and the provision of total solution services through
application of its existing embedded system products.
The principal accounting policies adopted by the Group conform to
Statements of Standard Accounting Practice issued by the Hong Kong
Society of Accountants and accounting principles generally accepted
in Hong Kong.
2. Earnings/(loss) per share
The calculation of earnings per share of RMB25.5 cents (2003 : loss
per share of RMB0.5 cents) for the three months ended 31 March 2004
was based on the profit attributable to shareholders of
approximately RMB281,420,000 (2003 : loss attributable to shareholders
of approximately RMB4,826,000) and on the weighted average
number of 1,104,000,000 shares (2003 : 964,000,000 shares) in issue.
No diluted earnings per share for the period ended 31 March
2004 and the last corresponding period have been presented as
there were no dilutive potential
ordinary shares in existence during the periods.
3. Interim Dividend
The Directors proposed an interim dividend of RMB1 cent per share
(2003: Nil) for both Promoters' Share and H Shares, totaling
approximately RMB 11,040,000 (2003: Nil), for the 3 months ended
31 March 2004. The proposed dividend is subject to approval by the
Company's shareholders in the special general meeting to be held on
30 July 2004. It is intended that the dividend will be payable on or
before 31 August 2004 to holders of Promoters' Shares and H Shares
whose names appear on the register of members of the Company at
4:00 p.m. on 29 June 2004.
Dividend per share for the 3 months ended 31 March 2004 was calculated
on the proposed dividends of approximately RMB 11,040,000 divided by
the number of 1,104,000,000 shares in issue as at 31 March 2004.
4. Closure of H Shares Register
The H shares register of shareholders of the Company will be closed
from 30 June 2004 to 30 July 2004 (both days inclusive), during which
no transfer of H shares will be effected.
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