WINFOONG INT'L<00063> - Results Announcement

Winfoong International Limited announced on 12/08/2005:
(stock code: 00063 )
Year end date: 31/12/2005
Currency: HKD
Auditors' Report: N/A
Interim report reviewed by: Audit Committee

                                                        (Unaudited )
                                     (Unaudited )       Last
                                     Current            Corresponding
                                     Period             Period
                                     from 01/01/2005    from 01/01/2004
                                     to 30/06/2005      to 30/06/2004
                               Note  ('000      )       ('000      )
Turnover                           : 24,832             20,862            
Profit/(Loss) from Operations      : 10,420             (4,365)           
Finance cost                       : (8,467)            (4,895)           
Share of Profit/(Loss) of 
  Associates                       : (1,351)            (112)             
Share of Profit/(Loss) of
  Jointly Controlled Entities      : N/A                N/A               
Profit/(Loss) after Tax & MI       : 1,439              (9,541)           
% Change over Last Period          : N/A       %
EPS/(LPS)-Basic (in dollars)       : 0.0010             (0.0064)          
         -Diluted (in dollars)     : 0.0010             N/A               
Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
Profit/(Loss) after ETD Items      : 1,439              (9,541)           
Interim Dividend                   : Nil                Nil
  per Share                                              
(Specify if with other             : N/A                N/A
  options)                                               
                                                         
B/C Dates for 
  Interim 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:

                                      
Turnover and profit from operation                                              

                                                Turnover        Profit 
                                                HK$'000         HK$'000 
From continuing operations                      24,832          1,439 
From discontinued operations                    -               - 
                                                --------        --------
                                                24,832          1,439 
                                                ========        ========

Earnings/(loss) per share                                                       

(a) Basic earnings/(loss) per share                                             
                
The calculation of basic earnings per share is based on the net profit 
attributable to shareholders for the period of HK$1,439,000 (2004 : loss 
of HK$9,541,000) and the weighted average of 1,492,410,986 (2004 : 1,492,
410,986) ordinary shares in issue during the period.                            
                        
(b) Diluted earnings/(loss) per share                                           
                
Diluted earnings per share for the six months ended 30 June 2005 has not 
been presented as the exercise of share options does not have a material 
dilutive effect on the basic earnings per share.                                
                        
Diluted loss per share for the six months ended 30 June 2004 has not been       
presented as the effect of any dilution is anti-dilutive.