08:58     SUNWAY INT'L<00058> - Results Announcement (1)                      

    Sunway International Holdings Limited announced on 24/01/2005:            
    (stock code: 00058 )                                                      
    Year end date: 30/09/2004                                                 
    Currency: HKD                                                             
    Auditors' Report: Unqualified                                             
                                                                              
                                                            (Audited   )      
                                         (Audited   )       Last              
                                         Current            Corresponding     
                                         Period             Period            
                                         from 01/10/2003    from 01/10/2002   
                                         to 30/09/2004      to 30/09/2003     
                                   Note  ('000      )       ('000      )      
                                                            (Restated)        
    Turnover                           : 899,173            691,337           
    Profit/(Loss) from Operations      : 44,575             27,942            
    Finance cost                       : (2,761)            (6,368)           
    Share of Profit/(Loss) of                                                 
      Associates                       : N/A                N/A               
    Share of Profit/(Loss) of                                                 
      Jointly Controlled Entities      : 1,837              363               
    Profit/(Loss) after Tax & MI       : 35,076             17,303            
    % Change over Last Period          : +102.7    %                          
    EPS/(LPS)-Basic (in dollars)       : 0.035              0.017             
             -Diluted (in dollars)     : N/A                N/A               
    Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
    Profit/(Loss) after ETD Items      : 35,076             17,303            
    Final Dividend                     : 1 cent             1 cent            
      per Share                                                               
    (Specify if with other             : N/A                N/A               
      options)                                                                
                                                                              
    B/C Dates for                                                             
      Final Dividend                   : 22/02/2005         to 25/02/2005 bdi.
    Payable Date                       : 01/04/2005                           
    B/C Dates for Annual                                                      
      General Meeting                  : 22/02/2005         to 25/02/2005 bdi.
    Other Distribution for             : N/A                                  
      Current Period                                                          
                                                                              
    B/C Dates for Other                                                       
      Distribution                     : N/A                                  
                                                                              
    Remarks:                                                                  
                                                                              
                                                                              
    (1)     Turnover from continuing operations                               
                                                    2004            2003      
                                                    HK$'000         HK$'000   
    Manufacture and sale of:                                                  
     - Electronics components and parts             217,165         163,275   
     - Consumer electronic products                 628,267         488,058   
    Trading of integrated circuits and                                        
      computer components and accessories           53,741          40,004    
                                                    ---------       --------- 
                                                    899,173         691,337   
                                                    =========       ========= 
                                                                              
    (2)     Profit from continuing operations                                 
                                                    2004            2003      
                                                    HK$'000         HK$'000   
                                                                              
    Turnover                                        899,173         691,337   
    Cost of sales                                   (787,311)       (605,206) 
                                                    -----------     ----------
    Gross profit                                    111,862         86,131    
                                                                              
    Other revenue and gains                         4,266           1,331     
    Selling and distribution costs                  (6,722)         (5,505)   
    Administrative expenses                         (41,438)        (42,435)  
    Provision for doubtful debts                    (21,501)        (9,514)   
    Other operating expenses                        (1,892)         (2,066)   
                                                    -----------     ----------
    Profit from operating activities                44,575          27,942    
                                                    ===========     ==========
                                                                              
    (3)     The Group's profit from operating activities is arrived at after  
    charging/(crediting):                                                     
                                                                              
                                                    2004            2003      
                                                    HK$'000         HK$'000   
                                                                              
    Cost of inventories sold                        787,311         605,206   
    Depreciation                                    53,742          45,585    
    Provision for inventories                       16,178          -         
    Gain on disposal of long term investments       (1,089)         -         
    Loss/(gain) on disposal of fixed assets         117             (19)      
    Interest income                                 (175)           (341)     
                                                    =========       =========