Shanghai Able Digital Science&Tech Co., Ltd. — Interim / Quarterly Report 2003

Sep 22, 2003

Listed Company Information

CITIC RESOURCES<01205> - Results Announcement CITIC Resources Holdings Limited announced on 22/9/2003: (stock code: 01205 ) Year end date: 31/12/2003 Currency: HKD Auditors' Report: N/A Review of Interim Report by: Audit Committee (Unaudited ) (Unaudited ) Last Current Corresponding Period Period from 1/1/2003 from 1/1/2002 to 30/6/2003 to 30/6/2002 Note ('000 ) ('000 ) Turnover : 7,116 16,624 Profit/(Loss) from Operations : (6,427) (10,910) Finance cost : (46) N/A 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 : (6,473) (10,910) % Change over Last Period : N/A % EPS/(LPS)-Basic (in dollars) : (0.002) (0.005) -Diluted (in dollars) : N/A N/A Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : (6,473) (10,910) Interim Dividend : Nil Nil per Share (Specify if with other : N/A N/A options) B/C Dates for Interim 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. BASIS OF PREPARATION These condensed consolidated interim financial statements have been prepared in accordance with Hong Kong Statements of Standard Accounting Practice ("SSAP") 25 "Interim Financial Reporting", accounting principles generally accepted in Hong Kong and the disclosure requirements of the Hong Kong Companies Ordinance. They have been prepared under the historical cost convention. The accounting policies adopted are consistent with those used in the Group's financial statements for the year ended 31 December 2002, except for the adoption of the new SSAP 12 (Revised) "Income Taxes" which is effective for the first time for the financial statements of the six months ended 30 June 2003 (the "Period"). The adoption of SSAP 12 (Revised) has had no significant effect on the results for the current or prior accounting periods. 2. LOSS PER SHARE The calculation of the basic loss per share is based on the consolidated net loss attributable to shareholders for the Period of HK$6,473,000 (June 2002: HK$10,910,000) and the weighted average of 3,296,470,588 shares (June 2002: 2,170,601,235 shares) in issue during the Period. Diluted loss per share amounts for the six months ended 30 June 2003 and 2002 have not been presented because there were no dilutive events existing during these periods.