WORLD HOUSEWARE<00713> - Results Announcement

World Houseware (Holdings) Limited announced on  17/9/2003:
(stock code: 00713 )
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 1/1/2003      from 1/1/2002  
                                     to 30/6/2003       to 30/6/2002  
                               Note  ('000      )       ('000      )
Turnover                           : 342,724            330,924           
Profit/(Loss) from Operations      : 23,952             29,174            
Finance cost                       : (1,703)            (2,770)           
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       : 20,268             23,893            
% Change over Last Period          : -15       %
EPS/(LPS)-Basic (in dollars)       : 0.03               0.035             
         -Diluted (in dollars)     : 0.03               N/A               
Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
Profit/(Loss) after ETD Items      : 20,268             23,893            
Interim Dividend                   : 0.5 cent           0.5 cent          
  per Share                                                               
(Specify if with other             : N/A                N/A               
  options)                                                                
                                                                          
B/C Dates for 
  Interim Dividend                 : 13/10/2003         to 16/10/2003bdi.
Payable Date                       : 5/11/2003 
B/C Dates for (-)            
  General Meeting                  : N/A          
Other Distribution for             : N/A           
  Current Period                     
                                     
B/C Dates for Other 
  Distribution                     : N/A          

Remarks:


EARNINGS PER SHARE
               
The calculation of the basis and diluted earnings per share is based on 
the following data:

                                1.1.2003 to     1.1.2002 to
                                30.6.2003       30.6.2002
                                ----------      ------------
                                HK$'000         HK$'000

Earnings for the purpose of calculating basic earnings per share        
                                20,268          23,893
                                ========        ======

                                1.1.2003 to     1.1.2002 to
                                30.6.2003       30.6.2002       
                                ----------      ------------
                
Weighted average number of shares for the purpose of calculating basic 
earnings per share              676,417,401     676,417,401
                                                ===========

Potential dilutive shares issuable under share options  
                                27,163  
                                ----------
Weighted average number of shares for the purpose of calculating diluted 
earnings per share              676,444,564   
                                ===========