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Vision Values Holdings Ltd. Earnings Release 2003

Apr 23, 2004

49521_rns_2004-04-23_9b1ea8db-3fd8-4777-a1b2-93bf28995d75.htm

Earnings Release

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Listed Company Information

Listed Company Information
ASIA LOGISTICS<00862> - Results Announcement

Asia Logistics Technologies Limited announced on 23/04/2004:
(stock code: 00862 )
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 : 8,030 18,511
Profit/(Loss) from Operations : (118,147) (73,218)
Finance cost : (1,171) (1,565)
Share of Profit/(Loss) of
Associates : (33,844) (18,033)
Share of Profit/(Loss) of
Jointly Controlled Entities : (262) (128)
Profit/(Loss) after Tax & MI : (153,424) (89,394)
% Change over Last Period : N/A %
EPS/(LPS)-Basic (in dollars) : (0.042) (0.0267)
-Diluted (in dollars) : N/A N/A
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit/(Loss) after ETD Items : (153,424) (89,394)
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:


Loss per share

The calculation of basic loss per share is based on the Group's loss
attributable to shareholders of HK$153,424,000 (2002: HK$89,394,000) and
the weighted average of 3,649,692,686 (2002: 3,342,852,413) ordinary
shares in issue during the year.

The exercise of share options and convertible bonds would have an anti-
dilutive effects on basic loss per share and accordingly no diluted loss
per share for the year is presented.