Novautek Technologies Group Limited — Earnings Release 2006

Oct 17, 2006

Listed Company Information

Listed Company Information
APPLIED INT'L<00519> - Results Announcement Applied International Holdings Limited announced on 17/10/2006: (stock code: 00519 ) Year end date: 30/06/2006 Currency: HKD Auditors' Report: Unqualified (Audited ) (Audited ) Last Current Corresponding Period Period from 01/07/2005 from 01/07/2004 to 30/06/2006 to 30/06/2005 Note ('000 ) ('000 ) Turnover : 107,634 105,295 Profit/(Loss) from Operations : 16,025 110,230 Finance cost : (5,265) (3,354) 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 : 10,757 103,525 % Change over Last Period : -89.61 % EPS/(LPS)-Basic (in dollars) : 0.0122 0.1160 -Diluted (in dollars) : N/A N/A Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : 10,757 103,525 Final Dividend : N/A N/A 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 Annual General Meeting : 23/11/2006 to 28/11/2006 bdi. Other Distribution for : N/A Current Period B/C Dates for Other Distribution : N/A Remarks: EARNINGS PER SHARE The calculation of the basic earnings per share for the year is based on the profit attributable to equity holders of the parent for the year of HK$10,757,000 (2005: HK$103,525,000) and on the weighted average of 879,858,648 (2005: 892,167,853) ordinary shares of the Company in issue during the year. The number of shares adopted in calculation of earnings per share has been arrived after eliminating the shares in the Company held by iQuorum. No diluted earnings per share has been presented because the adjusted exercise price of the share options granted as determined in accordance with HKFRS 2 "Share-based payment" is higher than the average market price of shares for the year ended 30 June 2006. No diluted earnings per share for the year ended 30 June 2005 had been presented as the Company has no potential dilutive shares outstanding during that period. Changes in the Group's accounting policies during the year are described in detail in above. To the extent that those changes have had an impact on results reported for 2006 and 2005, they have had an impact on the amounts reported for earnings per share. The following table summarises that impact on basic earnings per share: Impact on basic earnings per share _____________________ 2006 2005 ________ _________ HK Cents HK Cents Figures before adjustments 2.30 11.60 Adjustments arising from changes in accounting policies (1.08) - --------- ---------- Reported/restated 1.22 11.60 ===== ======