UDL HOLDINGS<0620> - Results Announcement

UDL Holdings Limited announced on 29/11/2000:
(stock code: 620)

The auditors' report on the financial statements which contain the 
following result is qualified by the Company's auditors.  For more 
details, please refer to the press announcement issued by the Company on 
30/11/2000.

Year end date: 31/7/2000
Currency: HK Dollar                                         
                                           (Audited)        (Audited)
                                           16-month         12-month
                                           Period           Period
                                           from 1/4/1999    from 1/4/1998
                                           to 31/7/2000     to 31/3/1999
                                           ('000)           ('000)
Turnover                                 : 71,325           549,284
Profit/(Loss) from Operations            : 723,509          (811,661)
Finance cost                             : (161,145)        (160,350)
Share of Profit/(Loss) of Associates     : 368              (2,386)
Share of Profit/(Loss) of
  Jointly Controlled Entities            : 0                0
Profit/(Loss) after Tax & MI             : 603,699          (969,943)
% Change over Last Period                : N/A
EPS/(LPS)-Basic                          : $5.1             ($15.2)
         -Diluted                        : N/A              N/A
Extraordinary (ETD) Gain/(Loss)          : N/A              N/A
Profit/(Loss) after ETD Items            : 603,699          (969,943)
Final Dividend per Share                 : NIL              NIL
(Specify if with other options)          : N/A              N/A
B/C Dates for Final Dividend             : N/A
Payable Date                             : N/A
B/C Dates for (-) General Meeting        : N/A
Other Distribution for Current Period    : N/A
B/C Dates for Other Distribution         : N/A

For the remarks on the change of financial year end date and the 
calculation of earnings per share, please refer to the press announcement 
today.

For more details, please refer to the press announcement today.