Listed Company Information
 

PERFECTECH INTL<00765> - Results Announcement

Perfectech International Holdings Limited announced on 25/04/2006:
(stock code: 00765 )
Year end date: 31/12/2005
Currency: HKD
Auditors' Report: Unqualified

                                                        (Audited   )
                                     (Audited   )       Last
                                     Current            Corresponding
                                     Period             Period
                                     from 01/01/2005    from 01/01/2004
                                     to 31/12/2005      to 31/12/2004
                               Note  ('000      )       ('000      )
Turnover                           : 515,875            509,820           
Profit/(Loss) from Operations      : 18,430             28,494            
Finance cost                       : (2,115)            (1,314)           
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       : 10,701             22,537            
% Change over Last Period          : -52.52    %
EPS/(LPS)-Basic (in dollars)       : 0.0346             0.0740            
         -Diluted (in dollars)     : N/A                0.0739            
Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
Profit/(Loss) after ETD Items      : 10,701             22,537            
Final Dividend                     : 1.5 cents          4.5 cents
  per Share                                              
(Specify if with other             : N/A                N/A
  options)                                               
                                                         
B/C Dates for 
  Final Dividend                   : 22/05/2006         to 24/05/2006 bdi.
Payable Date                       : 06/06/2006
B/C Dates for Annual         
  General Meeting                  : 22/05/2006         to 24/05/2006 bdi.
Other Distribution for             : N/A
  Current Period                     
                                     
B/C Dates for Other 
  Distribution                     : N/A   
  
Remarks:

1.      Changes in accounting policies

The Hong Kong Institute of Certified Public Accountants ("HKICPA") has 
issued a number of new and revised Hong Kong Financial Reporting Standards 
("HKFRSs") and Hong Kong Accounting Standards ("HKASs") and 
Interpretations, which are effective for the accounting periods commencing 
on or after 1 January 2005.

The adoption of the following new and revised HKFRSs and HKASs has 
resulted in the changes in the Group's accounting policies that affected 
the amount reported and/or disclosures for the current and prior 
accounting years. Therefore, certain comparative figures previously 
reported for the year ended 31 December 2004 have been restated to comply 
with the new requirements.

HKAS 1                  Presentation of Financial Statements
HKAS 17                 Leases
HKAS 32                 Financial Instruments : Disclosure and 
                        Presentation
HKAS 39                 Financial Instruments : Recognition and 
                        Measurement
HKAS 40                 Investment Property
HK(SIC) INT 21          Income Taxes - Recovery of Revalued Non-
                        Depreciable Assets
HKFRS 2                 Share-based Payment
HKFRS 3                 Business Combinations

2.      Earnings per share

The calculation of the basic and diluted earnings per share is based on 
the profit attributable to the equity shareholders of the Company for the 
year of approximately HK$10,701,000 (2004 : HK$22,537,000) and the 
following data:
                                                                                
                                2005            2004
                                ----------------------
Number of shares
Weighted average number of ordinary shares
 for the purposes of basic earnings per share           
                                308,833,859     304,716,361
        
Effect of dilutive potential ordinary shares on
 Share options                  -               308,689                         
                                ----------------------------                    
                                                                                
                                                                
Weighted average number of ordinary shares
 for the purposes of diluted earnings per share 
                                308,833,859     305,025,050
                                ============================                    
                                                                                
No diluted earnings per share has been presented because the exercise 
prices of the Company's options were higher than the average market prices 
of the shares for the year ended 31st December, 2005.

The following table summaries the impact on basic and diluted earnings per 
share as a result of:

        Impact on basic         Impact on basic         Impact on diluted
        earnings per share      earnings per share      earnings per share
        2005                    2004                    2004                    
        cents                   cents                   cents                   
                                                                                
Reported figures before adjustments             
        3.46                    7.41                    7.41
Adjustments arising from changes
 in accounting policies                          
        -                       (0.01)                  (0.02)
------------------------------------------------------------------              
                                                                                
As adjusted / restated                                  
        3.46                    7.40                    7.39
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