SSB8
Quarterly rpt on consolidated results for the financial period ended 31/3/2004
| GPRO TECHNOLOGIES BERHAD |
|
Quarterly report for the financial period ended | 31/03/2004 |
| Quarter | 1 |
| Financial Year End | 31/12/2004 |
| The figures | have not been audited |
| Remarks : |
| This report is the Quarterly Financial Results of GPRO Technologies Berhad for the 1st quarter ended 31 March 2004 and is issued in conjunction with GPRO Technologies Berhad's listing on the MESDAQ Market of Bursa Malaysia Securities Berhad. Please refer to GPRO Technologies Berhad's Prospectus dated 13 May 2004 for further details on GPRO Technologies Berhad. |
SUMMARY OF KEY FINANCIAL INFORMATION31/03/2004 |
INDIVIDUAL PERIOD | CUMULATIVE PERIOD | ||||
CURRENT YEAR QUARTER | PRECEDING YEAR CORRESPONDING QUARTER | CURRENT YEAR TO DATE | PRECEDING YEAR CORRESPONDING PERIOD | ||
31/03/2004 | 31/03/2003 | 31/03/2004 | 31/03/2003 | ||
RM'000 | RM'000 | RM'000 | RM'000 | ||
| 1 | Revenue | 3,549 | 3,549 | ||
| 2 | Profit/(loss) before tax | 1,667 | 1,667 | ||
| 3 | Profit/(loss) after tax and minority interest | 1,722 | 1,722 | ||
| 4 | Net profit/(loss) for the period | -5 | -5 | ||
| 5 | Basic earnings/(loss) per share (sen) | 0.92 | 0.92 | ||
| 6 | Dividend per share (sen) | 0.00 | 0.00 | ||
AS AT END OF CURRENT QUARTER | AS AT PRECEDING FINANCIAL YEAR END | ||||
| 7 | Net tangible assets per share (RM) | 0.0471 | |||
Note: For full text of the above announcement, please access KLSE Web site at www.klse.com.my
| Remarks : |
| For the purpose of the proforma group results for the period ended 31 March 2004 above, it is assumed that the acquisitions of GPRO Technologies Berhad's operating subsidiaries namely New Paradigm Technologies Sdn Bhd (NPT), GPRO Technologies (Hang Zhou) Co., Ltd. (a wholly-owned subsidiary of NPT) and G.PRO Technologies (Vietnam) Co., Ltd. (a 60% owned subsidiary of NPT) were completed on 31 March 2004. The actual date of completion of the aforementioned acquisitions is 5 April 2004. As such, the proforma profits reported above by the GPRO Group for the period ended 31 March 2004 of approximately RM1.73 million are pre-acquisition profits. In this respect, the net loss for the period ended 31 March 2004 of approximately RM5,000 above is after deduting the pre-acquisitions profits from the profit after taxation and minority interest. In addition, the basic earnings per share is calculated based on profit after taxation and minority interest but before pre-acquisition profit over the number of shares in issue. GPRO Technologies Berhad will be listed on the MESDAQ Market of Bursa Malaysia Securities Berhad in early June 2004 and as such no corresponding figures for year 2003 have been included. |
Announcement Info
| Company Name | GPRO TECHNOLOGIES BERHAD (MESDAQ Market) |
| Stock Name | GPRO |
| Date Announced | 31 May 2004 |
| Category | Financial Results |
| Reference No | O&-040531-49401 |