TECHWAYSON HOLD<02330> - Results AnnouncementTechwayson Holdings Limited announced on 23/03/2005:(stock code: 02330 )Year end date: 30/06/2005Currency: RMBAuditors' Report: N/AInterim report reviewed by: Audit Committee (Unaudited ) (Unaudited ) Last Current Corresponding Period Period from 01/07/2004 from 01/07/2003 to 31/12/2004 to 31/12/2003 Note ('000 ) ('000 )Turnover : 99,493 197,283 Profit/(Loss) from Operations : 4,526 15,828 Finance cost : (4,592) (1,405) 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 : (1,286) 11,442 % Change over Last Period : N/A %EPS/(LPS)-Basic (in dollars) : (0.0037) 0.0327 -Diluted (in dollars) : N/A N/A Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : (1,286) 11,442 Interim Dividend : NIl NIL per Share (Specify if with other : N/A N/A options) B/C Dates for Interim Dividend : N/A Payable Date : N/AB/C Dates for (-) General Meeting : N/A Other Distribution for : N/A Current Period B/C Dates for Other Distribution : N/A Remarks:1) Basis of Presentation:The condensed financial statements have been prepared in accordance with applicable disclosure requirements of Appendix 16 to the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited ("the Listing Rules") and with Statement of Standard Accounting Practice ("SSAP") 25 "Interim financial reporting" issued by the Hong Kong Institute of Certified Public Accountants ("HKICPA") The condensed financial statements have been prepared under the historical cost convention.2) Turnover:The Group's turnover represented revenue generated from two main categories: Automation Products, and Project and Technical Services. The Group's revenue is stated after deducting PRC value-added tax and city and county maintenance tax. Turnover For the 6 months ended 31st December 2004 2003 RMB'000 RMB'000Sales of automation products 97,194 194,863Fees for project and technical services 2,299 2,420 ----------- ----------- 99,493 197,283 =========== =========== 3) (Loss)/earning per share:The calculation of basic (loss)/earning per share for the six months ended 31st December 2004 was based on the consolidated loss attributable to shareholders of approximately RMB1,286,000 (2003: earnings of RMB11,442,000) and the weighted averaged number of 350,000,000 shares (2003: 350,000,000 shares) in issue during the period. Diluted (loss)/earning per share was not presented because there was no dilutive potential ordinary shares in issue during the six months ended 31st December 2003 and 2004.4) Interim DividendThe Directors do not recommend the payment of interim dividend for the six months ended 31st December 2004. (2003: Nil).