08:58     QPL INT'L<00243> - Results Announcement                             

    QPL International Holdings Ltd announced on 24/01/2005:                   
    (stock code: 00243 )                                                      
    Year end date: 30/04/2005                                                 
    Currency: HKD                                                             
    Auditors' Report: N/A                                                     
    Interim report reviewed by: Auditors                                      
                                                                              
                                                            (Unaudited )      
                                         (Unaudited )       Last              
                                         Current            Corresponding     
                                         Period             Period            
                                         from 01/05/2004    from 01/05/2003   
                                         to 31/10/2004      to 31/10/2003     
                                   Note  ('Million  )       ('Million  )      
    Turnover                           : 236                215               
    Profit/(Loss) from Operations      : (71)               (19)              
    Finance cost                       : (5)                (5)               
    Share of Profit/(Loss) of                                                 
      Associates                       : (50)               (17)              
    Share of Profit/(Loss) of                                                 
      Jointly Controlled Entities      : N/A                N/A               
    Profit/(Loss) after Tax & MI       : (120)              (48)              
    % Change over Last Period          : N/A       %                          
    EPS/(LPS)-Basic (in dollars)       : (0.19)             (0.08)            
             -Diluted (in dollars)     : (0.19)             (0.08)            
    Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
    Profit/(Loss) after ETD Items      : (120)              (48)              
    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/A                                  
    B/C Dates for (-)                                                         
      General Meeting                  : N/A                                  
    Other Distribution for             : N/A                                  
      Current Period                                                          
                                                                              
    B/C Dates for Other                                                       
      Distribution                     : N/A                                  
                                                                              
    Remarks:                                                                  
                                                                              
    1.      Turnover                                                          
                                                                              
    Turnover represents the net amounts received and receivable for goods sold
    and services provided by the Group to outside customers and rental income 
    earned during the period as follows:                                      
                                                    (Uuaudited)               
                                                    Six months ended          
                                                    31 October,               
                                                     2004    2003             
                                                    HK$'M   HK$'M             
    Manufacture and sales of integrated circuit                               
    leadframes, heatsinks and stiffeners            225     203               
    Rental income from property investment          11      12                
                                                    ------- -------           
                                                    236     215               
                                                    ======= =======           
                                                                              
    2.      Loss per share                                                    
                                                                              
                                                                              
            The calculation of basic and diluted loss per share is based on   
    the loss for the period of HK$120 million (six months ended 31 October,   
    2003: HK$48 million) and the weighted average number of 639,369,843 (six  
    months ended 31 October, 2003: 639,367,505) ordinary shares in issue      
    during the period.                                                        
                                                                              
            The denominators used are the same as those detailed above for    
    both basic and diluted loss per share.                                    
                                                                              
            The computation of diluted loss per share for both periods does   
    not assume the exercise of the share options and warrants of the Company  
    because the exercise prices of share options and warrants were higher than
    the average market price of the Company's shares.                         
                                                                              
    3.      REVIEW BY AUDITORS                                                
                                                                              
    The condensed consolidated financial statements of the Company for the six
    months ended 31 October, 2004 have been reviewed by our auditors, Messrs. 
    Deloitte Touche Tohmatsu, in accordance with Statement of Auditing        
    Standards No. 700 "Engagements to review interim financial reports" issued
    by the Hong Kong Institute of Certified Public Accountants and an         
    unqualified review report is issued.                                      
                                                                              
    For more details, please refer to the press announcement today.