Youzan Technology Limited — Earnings Release 2003

Aug 12, 2003

GEM

SYSCAN TECH<08083> - Results Announcement (Q2, 2003, Summary)

SYSCAN Technology Holdings Limited announced on 12/8/2003:
(stock code: 08083 )

Year end date :31/12/2003
Currency :HKD
Auditors' report :N/A
Review of 2nd Quarterly Report by :Audit Committee

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 01/01/2003   from 01/01/2002
                                     to 30/06/2003     to 30/06/2002
                                             $'000             $'000

Turnover : 86,483 13,406
Profit/(Loss) from Operations : (11,688) (6,845)
Finance cost : (4,111) (1,658)
Share of Profit/(Loss) of Associates : 0 0
Share of Profit/(Loss) of Jointly
Controlled Entites : 0 0
Profit/(Loss) after Taxation & MI : (14,395) (8,510)
% Change Over the Last Period : N/A
EPS / (LPS)
Basic (in dollar) : HKD (0.0141) HKD (0.0059)
Diluted (in dollar) : N/A N/A
Extraordinary (ETD) Gain/(Loss) : N/A 2,508
Profit (Loss) after ETD Items : (14,395) (6,002)
2nd Quarterly Dividends per Share : NIL NIL
(specify if with other options) : N/A N/A
B/C Dates for 2nd Quarterly Dividends : N/A
Payable Date : N/A
B/C Dates for (-) General Meeting : N/A
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.

Remark:

The calculation of the basic (loss)/profit per share for the
three-month period and the six-month period ended 30 June 2003
respectively were based on the unaudited loss attributable to
shareholders of approximately HK$9,219,000 (2002: profit of
HK$760,000) for the three-month period ended 30 June 2003 and
the unaudited loss attributable to shareholders of approximately
HK$14,395,000 (2002: loss of HK$6,002,000) for the six-month
period ended 30 June 2003 and on the weighted average number of
approximately 1,023,643,000 shares (2002: 1,022,643,000 shares)
in issue during the three-month period ended 30 June 2003 and
approximately 1,023,599,000 shares (2002: 1,022,637,000 shares)
in issue during the six-month period ended 30 June 2003.

No diluted (loss)/profit per share is presented as the outstanding
employee share options are anti-dilutive.