09:08     SINOLINK HOLD<01168> - Results Announcement (1)                     

    Sinolink Worldwide Holdings Limited announced on 31/03/2005:              
    (stock code: 01168 )                                                      
    Year end date: 31/12/2004                                                 
    Currency: HKD                                                             
    Auditors' Report: Unqualified                                             
                                                            (Restated)        
                                                            (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                        1  : 2,406,388          1,815,356         
    Profit/(Loss) from Operations   2  : 429,121            305,917           
    Finance cost                       : (34,721)           (10,630)          
    Share of Profit/(Loss) of                                                 
      Associates                       : 26,482             5,981             
    Share of Profit/(Loss) of                                                 
      Jointly Controlled Entities      : N/A                N/A               
    Profit/(Loss) after Tax & MI       : 314,477            629,935           
    % Change over Last Period          : -50.08    %                          
    EPS/(LPS)-Basic (in dollars)       : 0.1361             0.2815            
             -Diluted (in dollars)  3  : 0.1287             0.2754            
    Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
    Profit/(Loss) after ETD Items      : 314,477            629,935           
    Final Dividend                     : $0.03              $0.03             
      per Share                                                               
    (Specify if with other             : N/A                N/A               
      options)                                                                
                                                                              
    B/C Dates for                                                             
      Final Dividend                   : 12/05/2005         to 18/05/2005 bdi.
    Payable Date                       : 25/05/2005                           
    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.                                                                        
                                                                              
    Segment information about the Company's business is as follows            
                                                                              
    Year ended 31 December 2004                                               
    ---------------------------                                               
                                                                              
         Property   Gas Fuel  Electricity                                     
      Development   Business     Supplies  Others  Eliminations  Consolidated 
      -----------   --------  -----------  ------  ------------  ------------ 
          HK$'000   HK$'000   HK$'000      HK$'000 HK$'000       HK$'000      
                                                                              
                                                                              
    TURNOVER                                                                  
                                                                              
    External sales                                                            
         478,277  1,800,253     99,857      28,001     -          2,406,388   
    Inter-segment sales                                                       
            -          -          -          1,684   (1,684)           -      
      ----------- ----------  ---------    -------  --------     -----------  
         478,277  1,800,253     99,857      29,685   (1,684)      2,406,388   
      =========== ==========  =========    =======  ==========   ===========  
                                                                              
    RESULT                                                                    
                                                                              
    Segment result                                                            
         109,828    355,331     15,395       4,974     -            485,528   
      =========== ==========  =========    =======  ==========                
                                                                              
    Other operating income                                           33,566   
    Unallocated corporate expenses                                  (89,973)  
                                                                              
    Profit from operations                                          429,121   
    Finance costs                                                   (34,721)  
    Gain on disposal of subsidiaries                                          
           3,898    86,807       -             -       -             90,705   
                                                                              
    Loss on deemed disposal arising from dilution of interest in a subsidiary 
             -      (3,266)      -             -       -             (3,266)  
                                                                              
    Loss on deemed disposal arising from dilution of interest in an associate 
             -        -        (432)           -       -              (432)   
                                                                              
    Share of results of associates                                            
             -          83   26,399            -       -            26,482    
                                                                              
    Amortisation of goodwill of associates                                    
             -        (118)  (2,497)           -       -            (2,615)   
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