13:08     PACMOS TECH<01010> - Results Announcement                           

    PacMOS Technologies Holdings Limited announced on 25/04/2005:             
    (stock code: 01010 )                                                      
    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                           : 163,961            121,700           
    Profit/(Loss) from Operations      : (81,754)           226,013           
    Finance cost                       : (1,234)            (1,627)           
    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       : (91,388)           216,712           
    % Change over Last Period          : N/A       %                          
    EPS/(LPS)-Basic (in dollars)       : (0.2715)           0.6439            
             -Diluted (in dollars)     : N/A                N/A               
    Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
    Profit/(Loss) after ETD Items      : (91,388)           216,712           
    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 Annual                                                      
      General Meeting                  : To Be Announced                      
    Other Distribution for             : N/A                                  
      Current Period                                                          
    B/C Dates for Other                                                       
      Distribution                     : N/A                                  
                                                                              
    Remarks:                                                                  
                                                                              
    1.      (LOSS) / PROFIT FROM OPERATIONS                                   
                                                                              
    (Loss) / profit from operations was arrived at after charging and         
    crediting the following major items:                                      
                                                    2004            2003      
                                                    HK$'000         HK$'000   
    Charging:                                                                 
                                                                              
    Unrealised loss arising from mark-to-market     94,333          -         
       valuation of other investments, net                                    
                                                                              
    Depreciation of fixed assets                    4,323           4,070     
    Amortisation / impairment charge of goodwill    4,391           74        
    Amortisation / impairment charge of intangible                            
      assets                                        2,637           2,402     
    Staff costs                                     15,784          14,739    
    Research costs                                  12,177          8,374     
                                                                              
    Crediting:                                                                
    Unrealised gain arising from mark-to-market                               
       valuation of other investments, net          -               213,571   
                                                                              
    2.      (LOSS) / EARNINGS PER SHARE                                       
                                                                              
    The calculation of basic loss per share for the year ended 31st December  
    2004 is based on the consolidated net loss attributable to shareholders of
    approximately HK$91,388,000 (2003: consolidated net profit of HK$216,712, 
    000) and 336,587,142 shares (2003: 336,587,142 shares) in issue during the
    year.                                                                     
                                                                              
    Diluted earnings per share is not presented as there is no dilutive effect
    on the loss per share.                                                    
                                                                              
    3.      DISCONTINUING OPERATIONS                                          
                                                                              
    The Group entered into a provisional sale and purchase agreement on 23rd  
    November 2004 with an independent third party for disposal of the         
    investment property situated at 18 Lee Chung Street, Chai Wan, Hong Kong  
    (the "Property") at a total cash consideration of HK$51,700,000. The      
    completion date for the disposal of the Property was on 10th March 2005.  
                                                                              
    The operating results of the investment property holding segment are      
    reported in the accounts as a discontinuing operation.  The results of the
    investment property holding segment as at and for the year ended 31st     
    December 2004 are as follows:                                             
                                                    2004            2003      
                                                    HK$'000         HK$'000   
    Turnover                                        3,875           4,320     
    Profit from operations                          2,116           2,531     
    Profit after taxation                           804             853