Comba Telecom Systems Holdings Limited — Earnings Release 2003

Apr 22, 2004

Listed Company Information

Listed Company Information
CAPITAL PROSPER<01003> - Results Announcement Capital Prosper Limited announced on 22/4/2004: (stock code: 01003 ) Year end date: 31/12/2003 Currency: HKD Auditors' Report: Unqualified (Audited ) (Audited ) Last Current Corresponding Period Period from 1/1/2003 from 1/1/2002 to 31/12/2003 to 31/12/2002 Note ('000 ) ('000 ) Turnover : (86,981) 119,718 Profit/(Loss) from Operations : (16,091) (20,052) Finance cost : (259) (2,343) Share of Profit/(Loss) of Associates : N/A N/A Share of Profit/(Loss) of Jointly Controlled Entities : N/A N/A Profit/(Loss) after Tax & MI : (21,421) (8,412) % Change over Last Period : N/A % EPS/(LPS)-Basic (in dollars) : (0.03) (0.012) -Diluted (in dollars) : N/A N/A Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : (21,421) (8,412) Final Dividend : Nil Nil per Share (Specify if with other : N/A N/A options) B/C Dates for Final Dividend : N/A Payable Date : N/A B/C Dates for (-) General Meeting : N/A Other Distribution for : N/A Current Period B/C Dates for Other Distribution : N/A Remarks: 1. Segmental Information An analysis of the Group's turnover and operating results by business segment is presented below: For the year ended 31 December 2003 Continuing Discontinuing operations operation -------------------- --------------------- Consumer Securities products trading and Restaurants trading investments operation Consolidated ------ ---------- ---------- ------------ HK$'000 HK$'000 HK$'000 HK$'000 TURNOVER 56,200 14,180 16,601 86,981 ================================================ RESULT Segment result before amortisation of goodwill (3,951) (6,152) (757) (10,860) Less: Amortisation of goodwill - - (323) (323) ------------------------------------------------ Segment result (3,951) (6,152) (1,080) (11,183) =============================== Other operating income 1,660 Unallocated corporate expenses (6,568) --------- Loss from operations (16,091) ========== For the year ended 31 December 2002 Continuing Discontinuing operations operation -------------------- --------------------- Securities Toy Consumer trading manufacturing products and Restaurants and trading investments operation Distribution Consolidated ------- ----------- ---------- ----------- ------------ HK$'000 HK$'000 HK$'000 HK$'000 HK$'000 TURNOVER 17,021 8,716 20,570 73,411 119,718 ======================================================= RESULT Segment result before amortisation of goodwill 295 (4,742) 470 (11,308) (15,285) Less: Amortisation of goodwill - - (208) - (208) ------------------------------------------------------- Segment result 295 (4,742) 262 (11,308) (15,493) Other operating income 598 Unallocated corporate expenses (5,157) -------- Loss from operations (20,052) ========= Geographical Segments The Group's restaurants operations and consumer products trading usiness are carried out in Singapore and the securities trading and investments are carried out in Hong Kong. In prior year, the Group was also engaged in the toy manufacturing and distribution businesses which were discontinued from 8 October 2002 and the customers of the discontinuing operation were mainly located in North America and Asia Pacific region. The following table provides an analysis of the Group's sales by geographical market, irrespective of the origin of the goods/services: 2003 2002 HK$'000 HK$'000 Hong Kong 14,180 8,716 Singapore 72,801 37,591 North America - 35,652 Europe - 7,087 Other Asia Pacific regions - 17,207 Others - 13,465 ---------- --------- 86,981 119,718 ========= ========= 2. Loss per share The calculation of the basic loss per share is based on the net loss for the year of approximately HK$21,421,000 (2002: HK$8,412,000) and on 712,360,000 (2002: weighted average number of 712,358,521) shares in issue during the year. No diluted loss per share has been presented for both years as the exercise of the share option of subsidiaries would result in a decrease in loss per share.