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Youzan Technology Limited Earnings Release 2003

Apr 8, 2004

51261_rns_2004-04-08_b6d6e7ee-9b52-4051-830f-d140ea254aab.htm

Earnings Release

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GEM

SYSCAN TECH<08083> - Results Announcement (Final, 2003, Summary)

SYSCAN Technology Holdings Limited announced on 8/4/2004:
(stock code: 08083 )

Year end date :31/12/2003
Currency :HKD
Auditors' report :Unqualified

Important Note :

This result announcement form only contains extracted information from
and should be read in conjunction with the detailed results announcement
of the issuer, which can be viewed on the GEM website at
http://www.hkgem.com

                                         (Audited)         (Audited)
                                          Current Last Corresponding
                                           Period            Period
                                   from 01/01/2003   from 01/01/2002
                                     to 31/12/2003     to 31/12/2002
                                             $'000             $'000

Turnover : 264,213 41,752
Profit/(Loss) from Operations : (10,505) (24,320)
Finance cost : (6,218) (3,735)
Share of Profit/(Loss) of Associates : 0 0
Share of Profit/(Loss) of Jointly
Controlled Entites : 0 0
Profit/(Loss) after Taxation & MI : (14,651) (27,111)
% Change Over the Last Period : N/A
EPS / (LPS)
Basic (in dollar) : (HKD 0.14) (HKD 0.24)
Diluted (in dollar) : N/A N/A
Extraordinary (ETD) Gain/(Loss) : N/A 2,508
Profit (Loss) after ETD Items : (14,651) (24,603)
Final Dividends per Share : NIL NIL
(specify if with other options) : N/A N/A
B/C Dates for Final Dividends : N/A
Payable Date : N/A
B/C Dates for Annual General Meeting : 05/05/2004 to 06/05/2004 bdi.
Other Distribution for Current Period : NIL
B/C Dates for Other Distribution : N/A

                                   (bdi: both days inclusive)

For and on behalf of
SYSCAN Technology Holdings Limited

Signature :
Name : Caroline Chow Suk Han
Title : Company Secretary

Responsibility statement

The directors of the Company (the "Directors") as at the date hereof
hereby collectively and individually accept full responsibility for the
accuracy of the information contained in this results announcement form
(the "Information") and confirm, having made all reasonable inquiries,
that to the best of their knowledge and belief the Information are accurate
and complete in all material respects and not misleading and that there are no
other matters the omission of which would make the Information herein
inaccurate or misleading.The Directors acknowledge that the Stock Exchange
has no responsibility whatsoever with regard to the Information and
undertake to indemnify the Exchange against all liability incurred and all
losses suffered by the Exchange in connection with or relating to the
Information.

  1. The calculation of basic loss per share for the year ended
    31 December 2003 is based on the net loss attributable to
    shareholders of approximately HK$14,651,000 (2002:
    HK$24,603,000) and the weighted average number of ordinary
    shares for the purpose of basic loss per share of approximately
    102,362,000 (2002: 102,264,000) ordinary shares in issue during
    the year.

The weighted average number of ordinary shares for the year ended
31 December 2002 for the purpose of basic loss per share has
been adjusted for share consolidation which took effect on
7 October 2003.

No diluted loss per share is presented as the outstanding
employee share options were anti-dilutive.