ASIA LOGISTICS<0862> - Results Announcement

Asia Logistics Technologies Limited announced on 6/4/2001:
(stock code: 862)
Year end date: 31/12/2000
Currency: HKD                                               (Audited)
                                           (Audited)        Last
                                           Current          Corresponding
                                           Period           Period
                                           from 1/1/2000    from 1/1/1999
                                           to 31/12/2000    to 31/12/1999

Turnover                                 : 10,019,000       52,360,000
Profit/(Loss) from Operations            : (16,996,000)     (14,502,000)
Finance cost                             : (509,000)        (1,421,000)
Share of Profit/(Loss) of Associates     : -                -
Share of Profit/(Loss) of
  Jointly Controlled Entities            : -                -
Profit/(Loss) after Tax & MI             : (19,550,000)     (20,775,000)
% Change over Last Period                : N/A
EPS/(LPS)-Basic                          : (0.84 cent)      (1.04 cents)
         -Diluted                        : -                -
Extraordinary (ETD) Gain/(Loss)          : -                -
Profit/(Loss) after ETD Items            : (19,550,000)     (20,775,000)
Final Dividend per Share                 : NIL              NIL
(Specify if with other options)          : -                -
B/C Dates for Final Dividend             : N/A              
Payable Date                             : N/A
B/C Dates for Annual General Meeting     : 21/5/2001 to 25/5/2001 bdi.
Other Distribution for Current Period    : N/A
B/C Dates for Other Distribution         : N/A              

Remark:

Finance cost has been separately disclosed in the Results Announcement 
Form for the year ended 31 December 2000.  Accordingly, comparative
amount has been reclassified to conform with the current year's 
presentation.