13:33     OMNICORP<00094> - Results Announcement (1)                          

    Omnicorp Limited announced on 15/03/2005:                                 
    (stock code: 00094 )                                                      
    Year end date: 31/12/2004                                                 
    Currency: HKD                                                             
    Auditors' Report: Unqualified                                             
                                                                              
                                                            (Audited   )      
                                         (Audited   )       Last              
                                         Current            Corresponding     
                                         Period             Period            
                                         from 01/01/2004    from 01/01/2003   
                                         to 31/12/2004      to 31/12/2003     
                                   Note  ('000      )       ('000      )      
    Turnover                           : 176,760            248,373           
    Profit/(Loss) from Operations      : 11,370             16,620            
    Finance cost                       : (4,249)            (2,299)           
    Share of Profit/(Loss) of                                                 
      Associates                       : 1,862              (1,374)           
    Share of Profit/(Loss) of                                                 
      Jointly Controlled Entities      : N/A                N/A               
    Profit/(Loss) after Tax & MI       : 7,175              10,859            
    % Change over Last Period          : -34       %                          
    EPS/(LPS)-Basic (in dollars)       : 0.09               0.18              
             -Diluted (in dollars)     : N/A                0.18              
    Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
    Profit/(Loss) after ETD Items      : 7,175              10,859            
    Final Dividend                     : Nil                Nil               
      per Share                                                               
    (Specify if with other             : N/A                N/A               
      options)                                                                
                                                                              
    B/C Dates for                                                             
      Final 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. Operating Results                                                      
    Year ended 31 December 2004                                               
                                                                              
                                                                    Operating 
                                            Turnover                results   
                                            HK$'000                 HK$'000   
    By activity                                                               
                                                                              
    Electronic components and products      132,020                 5,957     
    Smart card technology                   6,761                   (2,416)   
    Property investments                    1,577                   1,048     
    Home furniture                          33,956                  2,025     
    Building materials and sundry products  2,446                   205       
                                            ------                  -------   
                                            176,760                 6,819     
                                            ========                          
    Interest and other income                                       6,567     
    Profit on disposal of subsidiaries                              468       
    Gain on deemed disposal of associates                           8         
    Gain on long term investments                                   18,997    
    Profit on disposal of long term assets                          5,918     
    Bad and doubtful debts                                          (2,440)   
    Amortisation on goodwill of subsidiaries                        (763)     
    Amortisation and impairment on goodwill of associates           (767)     
    Impairment of investment properties                             (6,000)   
    Impairment of long term investments                             (25)      
    Unallocated administrative and other operating expenses         (17,412)  
    Finance costs                                                   (4,249)   
    Share of results of associates                                  1,862     
                                                                    --------- 
                                                                              
    Profit before taxation                                          8,983     
                                                                              
    Taxation                                                        (340)     
                                                                    --------- 
                                                                              
    Profit before minority interests                                8,643     
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