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Youzan Technology Limited Earnings Release 2004

Mar 29, 2005

51261_rns_2005-03-29_14a82733-7dcb-4e19-9aa2-9d27261cf183.htm

Earnings Release

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GEM

SYSCAN TECH<08083> - Results Announcement (Final, 2004, Summary)

SYSCAN Technology Holdings Limited announced on 29/3/2005:
(stock code: 08083 )

Year end date :31/12/2004
Currency :HKD
Auditors' report :Qualified

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 01/01/2004   from 01/01/2003
                                     to 31/12/2004     to 31/12/2003
                                             $'000             $'000

Turnover : 192,339 264,213
Profit/(Loss) from Operations : (12,986) (10,505)
Finance cost : (5,636) (6,218)
Share of Profit/(Loss) of Associates : (42) 0
Share of Profit/(Loss) of Jointly
Controlled Entites : 0 0
Profit/(Loss) after Taxation & MI : (23,040) (14,651)
% Change Over the Last Period : N/A
EPS / (LPS)
Basic (in dollar) : HKD (0.22) HKD (0.14)
Diluted (in dollar) : N/A N/A
Extraordinary (ETD) Gain/(Loss) : N/A 0
Profit (Loss) after ETD Items : (23,040) (14,651)
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 :29/04/2005 to 03/05/2005 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 : Chan Man Ching
Title : Director

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.

Remarks:

  1. The calculation of basic loss per share for the year ended
    31 December 2004 is based on the net loss attributable to
    shareholders of approximately HK$23,040,000 (2003:
    HK$14,651,000) and the weighted average number of ordinary
    shares for the purpose of basic loss per share of approximately
    102,364,000 (2003: 102,362,000) ordinary shares in issue during
    the year.

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