Quarterly Results announcement form
 
Name of listed company : TECHWAYSON HOLDINGS LIMITED
 
Stock code : 8098
 
Year end date : 30/06/2002
 
 
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
 
 
 (Unaudited) (Unaudited)
 Current Last Corresponding
 Period Period
 from 01/07/2001 from 01/07/2000
 to 31/12/2001 to 31/12/2000
 RMB'000 RMB'000
 
Turnover : 90,229 95,062
Profit/(Loss) from Operations : 36,353 43,545
Finance cost : -71 -52
Share of Profit/(Loss) of Associates : 0 0
Share of Profit/(Loss) of
 Jointly Controlled Entites : 0 0
Profit/(Loss) after Taxation & MI : 35,606 43,597
% Change Over the Last Period : -18.33 %
EPS / (LPS) - Basic :RMB10.17 cents RMB15.57cents
 - Diluted : 0 0
Extraordinary (ETD) Gain/(Loss) : 0 0
Profit (Loss) after ETD Items : 35,606 43,597
2nd Q* Dividend per Share : NIL NIL
(specify if with other options) : N/A N/A
B/C Dates for 2nd Q *Dividend : N/A to N/A bdi.
Payable Date : N/A
B/C Dates for AGM/SGM : N/A to N/A bdi.
Other Distribution for Current Period: NIL
B/C Dates for Other Distribution : N/A to N/A bdi.
 (bdi: both days inclusive)
 
 For and on behalf of
 TECHWAYSON HOLDINGS LIMITED
 Signature :
 Name : Sze Kwan
 Title : Chairman
 
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.Group reorganisation and basis of presentation:
 
(a).The Company was incorporated in the Cayman Islands on 1
September 2000 as an exempted company with limited liability under
the Companies Law(Revised)of the Cayman Islands. Its shares have
been listed on the Growth Enterprise Market("GEM") of The Stock
Exchange of Hong Kong Limited(the "Stock Exchange") since 8 
February 2001. 
 
(b).On 16 January 2001,the Company became the holding company of 
other companies comprising the Group pursuant to a group 
reorganisation(the "Reorganisation")which included exchanges of 
shares. The Reorganisation involved companies under common control,
and the Company and its subsidiaries resulting from the 
Reorganisation are regarded as continuing group. Accordingly, the 
Reorganisation has been accounted for on the basis of merger
accounting,under which the consolidated financial statements have 
been prepared as if the Company had been the holding company of the 
other companies comprising the Group throughout the six months
and three months ended 31 December 2000, rather than from the date
on which the Reorganisation was completed.
 
(c).The interim financial statements are prepared in accordance with 
Hong Kong Statement of Standard Accounting Practice("SSAP") No.25,
"Interim Financial Reporting" and No.26,"Segment Reporting",issued
by the Hong Kong Society of Accountants, and the disclosure 
requirement 18.55 of the Rules Governing the Listing of Securities
on the GEM of the Stock Exchange(the "GEM" Listing Rules").
 
2.Turnover:
 
The Group's turnover represented revenue generated from fixed
price contracts in respect of (i) sales of system control equipment 
and software products,and (ii) fees for system integration services 
and was further classified under the heading of industrial automation
services and building automation services. The Group's revenue from
fixed price contracts is stated after deducting Mainland China 
value-added tax and city and county maintenance tax.
 
An analysis of the turnover by principal activities of the 
operations of the Group during the reporting periods is as follows:
 
 For the six months ended 31 December
 Building Industrial Buidling Industrial 
 automation automation Total automation automation Total
 2001 2001 2001 2000 2000 2000
 RMB'000 RMB'000 RMB'000 RMB'000 RMB'000 RMB'000
 
 
Income from fixed price contracts 
*Sales of 
system 
control 
equipment 
and software 
products 63,221 787 64,008 - 88,155 88,155
*Fee for 
system 
integration 
services 26,171 50 26,221 - 6,907 6,907
 89,392 837 90,229 - 95,062 95,062
Materials and 
equipment (47,316) (581) (47,897) - (33,461) (33,461) 
 42,076 256 42,332 - 61,601 61,601
 
 For the three months ended 31 December
 Building Industrial Building Industrial
 automation automation Total automation automation Total
 2001 2001 2001 2000 2000 2000
 RMB'000 RMB'000 RMB'000 RMB'000 RMB'000 RMB'000
 
 
Income from fixed price contracts
*sales of
system 
control
equipment
and software
products 56,971 492 57,463 - 60,935 60,935
*Fee for 
system
integration
services 26,171 50 26,221 - 3,889 3,889
 83,142 542 83,684 - 64,824 64,824 
Materials and
equipment (45,158) (388) (45,546) - (21,820) (21,820) 
 37,984 154 38,138 - 43,004 43,004
 
3.Earnings per share�G
 
The calculation of basic earnings per share for the six months and 
three months ended 31 December 2001 is based on the consolidated profit 
attributable to shareholders of approximately RMB35,606,000 and 
RMB34,838,000(2000:RMB43,597,000 and RMB32,647,000) respectively
and the weighted averaged number of approximatley 350,000,000
shares (2000:280,000,000 shares) deemed to be in issue during
the period.
Diluted earnings per share was not presented because there
were no dilutive potential ordinary shares in issue during the
six months and three months ended 31 December 2000 and 2001.
 
 
4.Reserves�G
 
Movements of reserves of the Group are as follows:
 
 Statutory
 Share reserve Capital Retained 
 premium funds reserve profit Total
 RMB'000 RMB'000 RMB'000 RMB'000 RMB'000
 
As at 30 June 2001 7,160 5,309 13,841 63,789 90,099
Profit 
attributable 
to shareholders - - - 35,606 35,606
 
As at 31 December 2001 
 7,160 5,309 13,841 99,395 125,705