INWORLD GROUP<08100> - Results Announcement (Final, 2003, Summary)
Inworld Group Limited announced on 30/3/2004:
(stock code: 08100 )
Year end date :31/12/2003
Currency :HKD
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 1/7/2003 from 1/7/2002
to 31/12/2003 to 30/6/2003
$'000 $'000
Turnover : 614 1,588
Profit/(Loss) from Operations : (5,673) (19,185)
Finance cost : N/A 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 : (5,569) (19,113)
% Change Over the Last Period : N/A
EPS / (LPS)
Basic (in dollar) : (HKD 0.00593) (HKD 0.03303)
Diluted (in dollar) : N/A N/A
Extraordinary (ETD) Gain/(Loss) : 0 0
Profit (Loss) after ETD Items : (5,569) (19,113)
Final Dividends per Share : NIL NIL
(specify if with other options) : N/A N/A
B/C Dates for Final 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
Inworld Group Limited
Signature :
Name :Koh Tat Lee, Michael
Title :Director
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. Basis of presentation
The accounts have been prepared in accordance with all applicable
Statements of Standard Accounting Practice ("SSAPs") issued by the Hong
Kong Society of Accountants, accounting principles generally accepted
in Hong Kong and the disclosure requirements of the Hong Kong Companies
Ordinance.
2. Loss per share
The calculation of basic loss per share is based on the net loss from
ordinary activities attributable to shareholders for the period of
approximately HK$5,569,000 (30 June 2003 : HK$19,113,000) and weighted
average of 939,660,174 (30 June 2003: 578,667,024) ordinary share in
issue during the period.
No diluted loss per share has been presented because the exercise price
of the Company's share options was higher than the average market price
per share for the period.
3. Change of financial year end date
During the period, the Group and the Company changed their financial
year end date from 30 June to 31 December. As such, this annual
report covers the six months period from 1 July 2003 to
31 December 2003.
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