abc Multiactive Limited — Earnings Release 2005

Oct 12, 2005

GEM

ABC MULTIACTIVE<08131> - Results Announcement (Q3, 2004/2005, Summary)

abc Multiactive Limited announced on 12/10/2005:
(stock code: 08131 )

Year end date :30/11/2005
Currency :HKD
Auditors' report :N/A
3rd 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 01/12/2004   from 01/12/2003
                                     to 31/08/2005     to 31/08/2004
                                             $'000             $'000

Turnover : 16,539 15,924
Profit/(Loss) from Operations : (3,353) (1,674)
Finance cost : (821) (817)
Share of Profit/(Loss) of Associates : 0 0
Share of Profit/(Loss) of Jointly
Controlled Entites : 0 0
Profit/(Loss) after Taxation & MI : (4,174) (2,491)
% Change Over the Last Period : N/A
EPS / (LPS)
Basic (in dollar) : (HKD 0.026) (HKD 0.0155)
Diluted (in dollar) : N/A N/A
Extraordinary (ETD) Gain/(Loss) : 0 0
Profit (Loss) after ETD Items : (4,174) (2,491)
3rd Quarter Dividends per Share : NIL NIL
(specify if with other options) : N/A N/A
B/C Dates for 3rd 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
abc Multiactive Limited

Signature :
Name : Cheung, Siu Leong
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. Basis of presentation

The unaudited accounts have been prepared in accordance with
accounting principles generally accepted in Hong Kong and comply
with accounting standards issued by the Hong Kong Institute of
Certified Public Accountants ("HKICPA"). They are prepared under
the historical cost convention.

HKICPA has issued a number of new and revised Hong Kong
Financial Reporting Standards and Hong Kong Accounting Standards
("new HKFRSs") which are effective for accounting periods
beginning on or after 1st January 2005.

The Group has not early adopted these new HKFRSs in the
financial statements for the nine months ended 31st August 2005.
The Group has already commenced an assessment of the impact of
these new HKFRSs but is not yet in a position to state whether
these new HKFRSs would have a significant impact on its results
of operation and financial position.

The unaudited consolidated results for the nine months ended
31st August 2005 have not been audited by the Company's auditors,
but have been reviewed by the Company's audit committee.

The accounting policies and basis of preparation used in the
preparation of the unaudited consolidated results for the nine
months ended 31st August 2005 are consistent with those used in
the Company's annual financial statements for the year ended
30th November 2004.

1. Basic loss per share

The calculation of basic loss per share for the three months and
nine months ended 31st August 2005 was based on the unaudited
net loss for the period of approximately HK$1,342,000 and
HK$4,174,000,respectively (Three months and nine months ended
31st August 2004: net loss of HK$1,540,000 and HK$2,491,000
respectively), and the weighted average of 160,590,967
(2004: 160,590,967) ordinary shares of HK$0.10 each in issued
during the periods.

Diluted loss per share has not been presented as there
was no dilutive potential ordinary share in existence
during the periods.