13:32     CHITALY HOLD<01198> - Results Announcement (1)                      

    Chitaly Holdings Limited announced on 08/04/2005:                         
    (stock code: 01198 )                                                      
    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                           : 403,766            300,719           
    Profit/(Loss) from Operations      : 131,857            88,998            
    Finance cost                       : N/A                N/A               
    Share of Profit/(Loss) of                                                 
      Associates                       : N/A                N/A               
    Share of Profit/(Loss) of                                                 
      Jointly Controlled Entities      : N/A                N/A               
    Profit/(Loss) after Tax & MI       : 108,002            77,244            
    % Change over Last Period          : +39.8     %                          
    EPS/(LPS)-Basic (in dollars)       : 0.4506             0.3295            
             -Diluted (in dollars)     : 0.4405             0.3214            
    Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
    Profit/(Loss) after ETD Items      : 108,002            77,244            
    Final Dividend                     : 14.0 cents         12.0 cents        
      per Share                                                               
    (Specify if with other             : N/A                N/A               
      options)                                                                
                                                                              
    B/C Dates for                                                             
      Final Dividend                   : 04/05/2005         to 06/05/2005 bdi.
    Payable Date                       : 12/05/2005                           
    B/C Dates for Annual                                                      
      General Meeting                  : 04/05/2005         to 06/05/2005 bdi.
    Other Distribution for             : N/A                                  
      Current Period                                                          
                                                                              
    B/C Dates for Other                                                       
      Distribution                     : N/A                                  
                                                                              
    Remarks:                                                                  
                                                                              
    1. CORPORATE INFORMATION                                                  
                                                                              
    The registered office of the Company is located at Century Yard, Cricket  
    Square, Hutchins Drive, P.O. Box 2681 GT, Grand Cayman, Cayman Islands.The
    principal activity of the Company is investment holding.  There were no   
    significant changes in the nature of the subsidiaries' principal          
    activities during the year.                                               
                                                                              
    2. SEGMENT INFORMATION                                                    
                                                                              
    Segment information is required by SSAP 26 "Segment reporting" to be      
    presented by way of two segment formats: (i) on a primary segment         
    reporting basis, which the Group has determined to be by business segment;
    and (ii) on a secondary segment reporting basis, which the Group has      
    determined to be by geographical segment.  Sale of home furniture is the  
    only major business segment of the Group.  Accordingly no further business
    segment information is provided.  In determining the Group's geographical 
    segments, revenues are attributed to the segments based on the location of
    the customers, and assets are attributed to the segments based on the     
    location of the assets.  An analysis of the Group's turnover by location  
    of customers is as follows:                                               
                                                                              
                                            2004    2003                      
    Segment revenue                         HK$'000 HK$'000                   
    Sales to the PRC                        399,543 296,415                   
    Sales to elsewhere in Asia              3,890   3,995                     
    Sales to Australia                      88      200                       
    Sales to South Africa                   245     -                         
    Sales to North America                  -       109                       
                                            -----------------                 
                                            403,766 300,719                   
                                            ================                  
                                                                              
                                                                              
                                 Segment assets           Capital expenditure 
                                 2004       2003            2004    2003      
    Other segment information    HK$'000    HK$'000         HK$'000 HK$'000   
    The PRC                      339,962    178,276         27,904  64,837    
    Hong Kong                     89,336    98,313          36,890  141       
                                ------------------------------------------    
                                  429,298   276,589         64,794  64,978    
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