M DREAM INWORLD<08100> - Results Announcement (Q1, 2005, Summary)
M Dream Inworld Limited announced on 12/5/2005:
(stock code: 08100 )
Year end date :31/12/2005
Currency :HKD
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 1/1/2005 from 1/1/2004
to 31/3/2005 to 31/3/2004
$'000 $'000
Turnover : 10,066 326
Profit/(Loss) from Operations : (22,709) (1,883)
Finance cost : (200) 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 : (22,909) (1,883)
% Change Over the Last Period : N/A
EPS / (LPS)
Basic (in dollar) : (HKD 0.0088) (HKD 0.0015)
Diluted (in dollar) : N/A N/A
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit (Loss) after ETD Items : (22,909) (1,883)
1st Quarter Dividends per Share : NIL NIL
(specify if with other options) : N/A N/A
B/C Dates for 1st 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
M Dream Inworld 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 Hong Kong Financial Reporting Standard issued by
the Hong Kong Institute of Certified Public Accountants ("HKICPA"),
accounting principles generally accepted in Hong Kong and the
disclosure provisions of Rules Governing the Listing of Securities
on the GEM of the Stock Exchange of Hong Kong Limited. They
have been prepared under the historical cost convention.
In 2004, the HKICPA issued a number of new or revised Hong Kong
Accounting Standards and Hong Kong Financial Reporting Standards
("new HKFRSs") which are effective for accounting periods beginning on
or after 1 January 2005. The adoption of the new HKFRSs had no material
impact on the Group's operating results and financial position.
2 . Loss per share
The calculation of the Group's basic loss per share for the period
ended 31 March 2005 is based on the Group's loss attributable to
shareholders of approximately HK$22,909,000 (2004: approximately
HK$1,883,000) and the weighted average number of 2,606,949,911 shares
of the Company for the period ended 31 March 2005(2004: 1,293,706,901
shares).
Diluted loss per share has not been presented since the exercise
of share options granted by the Company would have an anti-dilutive
effect on the loss per share for the quarter ended
31 March 2005 and 2004.
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