SUN EAST TECH<00365> - Results Announcement (Summary)

Sun East Technology (Holdings) Limited announced on 30/8/2001:
(stock code: 365)
Year end date: 31/3/2001
Currency: HK$                                               (Audited)
                                           (Audited)        Last
                                           Current          Corresponding
                                           Period           Period
                                           from 1/4/2000    from 1/4/1999
                                           to 31/3/2001     to 31/3/2000
                                           ('000)           ('000)
Turnover                                 : 509,120          402,627
Profit/(Loss) from Operations            : 82,264           64,998
Finance cost                             : (1,219)          (1,235)
Share of Profit/(Loss) of Associates     : -                -
Share of Profit/(Loss) of
  Jointly Controlled Entities            : -                -
Profit/(Loss) after Tax & MI             : 68,716           53,888
% Change over Last Period                : +27.52%
EPS/(LPS)-Basic                          : 25.40 cents      23.03 cents
         -Diluted                        : N/A              N/A
Extraordinary (ETD) Gain/(Loss)          : -                -
Profit/(Loss) after ETD Items            : 68,716           53,888
Final Dividend per Share                 : 4 cents          N/A
(Specify if with other options)          : -                -
B/C Dates for Final Dividend             : 24/9/2001 to 26/9/2001 bdi.
Payable Date                             : 12/10/2001
B/C Dates for Annual General Meeting     : 24/9/2001 to 26/9/2001 bdi.
Other Distribution for Current Period    : -
B/C Dates for Other Distribution         : -

Remarks:

(1) The Company was listed on 16 October 2000.

The financial statements have been prepared in accordance with Statements 
of Standard Accounting Practice, accounting principles generally accepted 
in Hong Kong and the disclosure requirements of the Hong Kong Companies 
Ordinance. 

The consolidated financial statements have been prepared using the merger 
basis of accounting as a result of the Group reorganisation completed on 
18 September 2000.

(2) The calculation of basic earnings per share is based on the net profit 
attributable to shareholders for the year of HK$68,716,000 (2000: 
HK$53,888,000) and the weighted average of 270,542,466 shares (2000: 
234,000,000 shares) in issue during the year.