Synagistics Limited — Earnings Release 2005

Jul 21, 2005

Listed Company Information

Listed Company Information
CONCEPTA INV<01140> - Results Announcement Concepta Investments Limited announced on 21/07/2005: (stock code: 01140 ) Year end date: 31/03/2005 Currency: HKD Auditors' Report: Unqualified (Audited ) (Audited ) Last Current Corresponding Period Period from 01/04/2004 from 01/04/2003 to 31/03/2005 to 31/03/2004 Note ($ ) ($ ) Turnover : 269,878 656,048 Profit/(Loss) from Operations : (5,438,724) 17,306,617 Finance cost : N/A (57) 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 : (5,437,498) 14,478,334 % Change over Last Period : N/A % EPS/(LPS)-Basic (in dollars) : (0.054) 0.145 -Diluted (in dollars) : N/A N/A Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : (5,437,498) 14,478,334 Final Dividend : NIL $0.10 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) Basis of preparation of the financial statements The financial statements 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 (the "HKICPA"). They have been prepared under the historical cost convention, except that, certain investment in securities are stated at fair value. The 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 Company has not early adopted these new HKFRSs in the financial statements for the year ended 31st March 2005. The Company 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 operations and financial position. (2) Turnover The Company principally engaged in medium to long-term investments in listed and unlisted securities in the Greater China. Turnover represented dividend income from investments in securities during the year. (3) Basic (loss) / earnings per share The calculation of basic (loss) / earnings per share is based on the Company's net loss for the year of HKD5,437,498 (2004: net profit of HKD14,478,334) divided by the weighted average number of ordinary shares outstanding during the year, being 100,000,000 (2004: 100,000,000). There were no dilutive potential shares during the years ended 31st March 2005 and 2004, therefore, no diluted (loss) / earnings per share has been presented.