Youzan Technology Limited — Earnings Release 2004

Aug 12, 2004

GEM

SYSCAN TECH<08083> - Results Announcement (Q2, 2004, Summary)

SYSCAN Technology Holdings Limited announced on 12/08/2004:
(stock code: 08083 )

Year end date :31/12/2004
Currency :HKD
Auditors' report :N/A
2nd Quarterly Report Reviewed 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 01/01/2004   from 01/01/2003
                                     to 30/06/2004     to 30/06/2003
                                             $'000             $'000

Turnover : 146,721 86,483
Profit/(Loss) from Operations : 787 (11,688)
Finance cost : (4,311) (4,111)
Share of Profit/(Loss) of Associates : 0 0
Share of Profit/(Loss) of Jointly
Controlled Entites : 0 0
Profit/(Loss) after Taxation & MI : (2,823) (14,395)
% Change Over the Last Period : N/A
EPS / (LPS)
Basic (in dollar) : (HKD 0.028) (HKD 0.141)
Diluted (in dollar) : N/A N/A
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit (Loss) after ETD Items : (2,823) (14,395)
2nd Quarter Dividends per Share : NIL NIL
(specify if with other options) : N/A N/A
B/C Dates for 2nd Quarter 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.

Remarks:

The calculation of the basic profit /(loss) per share for the
three-month period and the six-month period ended 30 June 2004
respectively were based on the unaudited profit attributable to
shareholders of approximately HK$8,505,000 (2003: loss of
HK$9,219,000) for the three-month period ended 30 June 2004 and
the unaudited loss attributable to shareholders of approximately
HK$2,823,000 (2003: loss of HK$14,395,000) for the six-month
period ended 30 June 2004 and on the weighted average number of
approximately 102,364,328 shares (2003: 102,364,300 shares) in
issue during the three-month period ended 30 June 2004 and
approximately 102,364,328 shares (2003: 102,359,900 shares) in
issue during the six-month period ended 30 June 2004.

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