WONG'S INT'L<00099> - Results Announcement (Summary)

Wong's International (Holdings) Limited announced on 18/09/2003:
(stock code: 00099 )
Year end date: 31/12/2003
Currency: HKD
Auditors' Report: N/A
Review of Interim Report by: Both Audit Committee and Auditors

                                                        (Unaudited )
                                     (Unaudited )       Last
                                     Current            Corresponding
                                     Period             Period
                                     from 01/01/2003    from 01/01/2002
                                     to 30/06/2003      to 30/06/2002 
                               Note  ('000      )       ('000      )
Turnover                           : 1,163,661          816,834           
Profit/(Loss) from Operations      : 31,076             36,954            
Finance cost                       : (4,212)            (5,587)           
Share of Profit/(Loss) of 
  Associates                       : (320)              547               
Share of Profit/(Loss) of
  Jointly Controlled Entities      : N/A                N/A               
Profit/(Loss) after Tax & MI       : 18,522             26,065            
% Change over Last Period          : -28.94    %
EPS/(LPS)-Basic (in dollars)       : 0.0397             0.0558            
         -Diluted (in dollars)     : N/A                N/A               
Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
Profit/(Loss) after ETD Items      : 18,522             26,065            
Interim Dividend                   : $0.01              $0.01              
  per Share                                                               
Special Interim Dividend           : NIL                $2.00              
  per Share
(Specify if with other             : N/A                N/A               
  options)                                                                
B/C Dates for 
  Interim Dividend                 : 20/10/2003         to 24/10/2003bdi.
Payable Date                       : 30/10/2003
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. Adjustment of the last corresponding results:

In the current period, the Group has adopted, for the first time, the 
revised SSAP 12 "Income Taxes".  The new accounting policy has been 
applied retrospectively.  Comparative amounts for 2002 have been restated 
accordingly.  Accumulated profits as at 1st January, 2002 have been 
reduced by approximately HK$12 million which is the cumulative effect of 
the change in policy on the results up to 31st December, 2001.

2. During the relevant period, the Company did not have any 
outstanding share options or warrants which could dilute the Company's 
basic earnings per share.


3. The calculation of the basic earnings per share is based on the 
Group's net profit for the period of HK$18,522,000 (2002: HK$26,065,000) 
and the weighted average number of ordinary shares for the purposes of 
basic earnings per share is 466,921,794 (2002: 466,921,794).