LINMARK GROUP<00915> - Results Announcement

Linmark Group Limited announced on 08/01/2003:
(stock code: 00915 )
Year end date: 30/4/2003
Currency: USD
Auditors' Report: N/A
Review of Interim Report by: Both Audit Committee and Auditors

                                                        (Audited   )
                                     (Unaudited )       Last
                                     Current            Corresponding
                                     Period             Period
                                     from 01/05/2002    from 01/05/2001
                                     to 31/10/2002      to 31/10/2001 
                               Note  ('000      )       ('000      )
Turnover                           : 23,200             15,973            
Profit/(Loss) from Operations      : 7,000              5,855             
Finance cost                       : (1)                N/A               
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       : 6,799              5,717             
% Change over Last Period          : +18.9     %
EPS/(LPS)-Basic (in dollars)       : 0.011              0.011             
         -Diluted (in dollars)     : N/A                N/A               
Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
Profit/(Loss) after ETD Items      : 6,799              5,717             
Interim Dividend                   : HK 2.4 cents       N/A               
  per Share                                                               
(Specify if with other             : N/A                N/A               
  options)                                                                
                                                                          
B/C Dates for 
  Interim Dividend                 : 27/01/2003         to 29/01/2003bdi.
Payable Date                       : 6/02/2003 
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) The shares of Linmark Group Limited ("Company") have been listed on 
The Stock Exchange of Hong Kong Limited since 10 May 2002.

(2) The Company and its subsidiaries ("Group") resulting from the group 
reorganisation is regarded as a restructure of enterprises under common 
control.  Accordingly, the financial statements of the Group have been 
prepared as if the Company had always been the holding company of the 
Group from the beginning of the earliest period presented in a manner 
similar to the pooling of interests method.  Details of the group 
reorganisation are set out in the prospectus dated 30 April 2002 
("Prospectus") issued by the Company.

(3) A gain on dissolution of a subsidiary of approximately US$nil 
(2001:US$37,000) was included in profit before taxation.

(4) Basic earnings per share for the six months ended 31 October 2002 has 
been calculated based on the profit attributable to shareholders of 
approximately US$6,799,000 and on the weighted average number of 
639,345,652 shares in issue during the period.  Basic earnings per share 
for the six months ended 31 October 2001 has been calculated based on the 
profit attributable to shareholders of approximately US$5,717,000 and the 
499,200,000 shares in issue and issuable comprising 2,000,000 shares in 
issue as at 30 April 2002 and 497,200,000 shares to be issued pursuant to 
the capitalisation issue as more fully described in the Prospectus.