09:17     INNO-TECH HOLD<08202> - Quarterly Results Announcement (1)          

    Inno-Tech Holdings Limited announced on 14/02/2005:                       
    (stock code: 08202 )                                                      
    Year end date: 31/03/2005                                                 
    Currency: HKD                                                             
    Auditors' Report: N/A                                                     
    Interim report reviewed by: Audit Committee                               
                                                                              
    Important Note:                                                           
                                                                              
    This result announcement form only contain extracted information          
    from and should be read in conjunction with the detailed results          
    announcement of the issuer, which can be view on the GEM website          
    at http://www.hkgem.com                                                   
                                                                              
                                                            (Unaudited )      
                                         (Unaudited )       Last              
                                         Current            Corresponding     
                                         Period             Period            
                                         from 01/04/2004    from 01/04/2003   
                                         to 31/12/2004      to 31/12/2003     
                                   Note  ('000      )       ('000      )      
    Turnover                        2  : 51,794             22,230            
    Profit/(Loss) from Operations      : 9,373              5,948             
    Finance cost                       : (2,905)            (1,170)           
    Share of Profit/(Loss) of                                                 
      Associates                       : (446)              N/A               
    Share of Profit/(Loss) of                                                 
      Jointly Controlled Entities      : 0                  N/A               
    Profit/(Loss) after Tax & MI    3  : 4,890              3,942             
    % Change over Last Period          : +24.05    %                          
    EPS/(LPS)-Basic (in dollars)    5  : 0.0098             0.0082            
             -Diluted (in dollars)     : N/A                N/A               
    Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
    Profit/(Loss) after ETD Items      : 4,890              3,942             
    3rd Quarter Dividend               : 0                  0                 
      per Share                                                               
    (Specify if with other             : N/A                N/A               
      options)                                                                
                                                                              
    B/C Dates for                                                             
      3rd Quarter 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                                  
                                                                              
            For and on behalf of                                              
            Inno-Tech Holdings Limited                                        
                                                                              
    Name :  WONG KWOK SING                                                    
    Title : DIRECTOR                                                          
                                                                              
    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:                                                                  
                                                                              
    1. Basis of preparation and accounting policies:                          
    The Group has adopted the Hong Kong Financial Reporting Standards         
    issued by the Hong Kong Institute of Certified Public Accountants and     
    the disclosure requirements of the GEM Listing Rules in preparing the     
    unaudited consolidated financial statements.                              
    The unaudited consolidated financial statements have been reviewed by     
    audited committee in accordance with the GEM Listing Rules.               
    The Group has applied the same principal accounting policies and methods  
    of computation in the unaudited financial statements as are applied in    
    its annual financial statements for the year ended 31 March 2004.         
    The principals accounting policies are disclosed in                       
    The Group's 2004 Annual Reported dated 30 June 2004.                      
                                                                              
    2. Segment information:                                                   
    The Group is principally engaged in two business segments:                
    Residential intranet - Provision of residential intranet and software     
    application design, development and installation services.                
    Home automation - sale of i-Panel units, home automation equipment and    
    related products.                                                         
    Turnover for the residential intranet and home automation is              
    approximately HK$15,461,000 and HK$36,333,000 respectively as at          
    31 December 2004.