09:18     POWERLEADER<08236> - Yearly Results Announcement (2)                

                                                                              
    2.Turnover and Revenues                                                   
    Turnover represents invoiced value of sales and is stated net of          
    returns, discounts allowed or value-added taxes ("VAT")where applicable.  
    Turnover and revenues recognised for 2004 togeter with comparative        
    for 2003 are as follows:                                                  
                                                                              
                                                       2004            2003   
                                                    RMB'000         RMB'000   
                                                                              
    Turnover                                                                  
    Sales of computer servers and                                             
      related products                                                        
      -PRC                                         291,358         221,584    
      -Hong Kong                                   249,992          42,638    
    Other revenues                                                            
    Suppliers' incentive                                248           2,497   
    Government subsidies on:                                                  
      sales of software products                        276             430   
      technology improvement of servers                 124               -   
    Interest income from bank deposits                  776             489   
    Gain on disposal of motor vehicle                     -              20   
    Income received from Intel Solution Centre          837           1,029   
    Income from networking supporting services          549             101   
    Sundry income                                       220             124   
                                                                              
    3. Taxation                                                               
    The Company, being an enterprise established in Shenzhen Special          
    Economic Zone in the PRC, is subject to an income tax rate of             
    15%. However, pursuant to an approval document Shen Di Shui               
    [2001] No. 160 dated 14 December 2001 and Shen Di Shui [2004]  No.27      
    dated 12 February 2004 both issued by Shenzhen Local Tax Bureau, The      
    Company is qualified as production enterprise with operating period       
    over 10 years and entitled to a further 50% reduction in income tax       
    commencing for two years from 2001 and for another three year from        
    2003, respectively. The applicable income tax rate for the year is 7.5%   
                                                                              
    Hong Kong profits tax is calculated at 17.5% (2003: 17.5)of the           
    estimated assessable profit for the year                                  
                                                                              
    4. Dividends                                                              
    At a meeting on 24 March 2005, the directors did not recommend the        
    payment of a final dividend for the year ended 31 December 2004.          
                                                                              
    During the year, a dividend of RMB0.01 per share on 880,000,000 shares,   
    in aggregate RMB8,800,000 was paid to the shareholders as the final       
    dividend for year 2003.                                                   
                                                                              
    5. Earning per share                                                      
    The calculation of basic earnings per share for the year is based on the  
    net profit for the year of approximately RMB 37,394,000                   
    (2003: RMB30,272,000) and on 880,000,000 (2003: 880,000,000) shares in    
    issue.                                                                    
                                                                              
    Diluted earnings per share is not presented as there were no dilutive     
    potential ordinary shares in existence during the two year ended 31       
    December 2004