JOLIMARK<02028> - Results Announcement

Jolimark Holdings Limited announced on 15/09/2005:
(stock code: 02028 )
Year end date: 31/12/2005
Currency: RMB
Auditors' Report: N/A
Interim report reviewed by: Both Audit Committee and Auditors
                                                        (Restated)
                                                        (Unaudited )
                                     (Unaudited )       Last
                                     Current            Corresponding
                                     Period             Period
                                     from 01/01/2005    from 01/01/2004
                                     to 30/06/2005      to 30/06/2004
                               Note  ('000      )       ('000      )
Turnover                           : 434,361            425,478           
Profit/(Loss) from Operations      : 51,475             44,817            
Finance cost                       : (3,226)            (1,471)           
Share of Profit/(Loss) of 
  Associates                       : (917)              (301)             
Share of Profit/(Loss) of
  Jointly Controlled Entities      : N/A                N/A               
Profit/(Loss) after Tax & MI       : 40,542             37,429            
% Change over Last Period          : +8.3      %
EPS/(LPS)-Basic (in dollars)       : 0.110              0.103             
         -Diluted (in dollars)     : N/A                N/A               
Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
Profit/(Loss) after ETD Items      : 40,542             37,429            
Interim Dividend                   : HK$0.032           N/A
  per Share                                              
(Specify if with other             : N/A                N/A
  options)                                               
                                                         
B/C Dates for 
  Interim Dividend                 : 13/10/2005         to 17/10/2005 bdi.
Payable Date                       : 31/10/2005
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 Company was listed on the Main Board of the Stock Exchange of Hong 
Kong on 29th June 2005
 
2. Group reconstruction and basis of preparation

The Company was incorporated in the Cayman Islands on 22 July 2004 as an 
exempted company with limited liability under the Companies Law (2003 
Revision) of the Cayman Islands.

On 10 May 2005, the Company acquired the entire issued share capital in 
each of Ying Mei Investment Limited, Kong Yue Investment Limited and 
Visionic Investment Limited, companies incorporated in the British Virgin 
Islands, through a share exchange (the "Reorganisation") and consequently 
became the holding company of the subsidiaries now comprising the Group.

The Reorganisation involved companies under common control, and the Group 
resulting from the Reorganisation is regarded as a continuing group. 
Accordingly, the Reorganisation has been accounted for on the basis of 
merger accounting, under which the consolidated accounts have been 
prepared as if the Company had been the holding company of the other 
companies comprising the group throughout the period ended 30 June 2005, 
rather than from the date on which the Reorganisation was completed. The 
comparative figures as at 31 December 2004 and for the  period ended 30 
June 2004 have been presented on the same basis.

These unaudited condensed consolidated financial information have been 
prepared in accordance with Hong Kong Accounting Standard ("HKAS") 34 "
Interim Financial Reporting" issued by the Hong Kong Institute of 
Certified Public Accountants

These condensed consolidated financial information should be read in 
conjunction with the prospectus issued by the Company on 20 June 2005 (the 
"Prospectus").

The accounting policies and methods of computation used in the preparation 
of these condensed consolidated financial information are consistent with 
those used in the Prospectus except that the Group has changed certain of 
its accounting policies following its adoption of new / revised Hong Kong 
Financial Reporting Standards and Hong Kong Accounting Standards ("new 
HKFRS") which are effective for accounting periods commencing on or after 
1 January 2005. The changes to the Group's accounting policies and the 
effect of adopting these new policies are set out in the Company's interim 
results announcement and interim report.

These interim financial information have been prepared in accordance with 
those HKFRS standards and interpretations issued and effective as at the 
time of preparing these information. The HKFRS standards and 
interpretations that will be applicable at 31 December 2005, including 
those that will be applicable on an optional basis, are not known with 
certainty at the time of preparing these interim financial information.


3. Basis of calculation of EPS and diluted

The calculation of basic earnings per share is based on profit 
attributable to equity holders of the Company of RMB 40,542,000. (2004: 
RMB 37,429,000 as restated) and the weighted average number of 368,263,000 
ordinary shares (2004: 364,196,000 shares) in issue during the period. No 
diluted earnings per share is presented as there were no potential 
dilutive shares in issue during the six month ended 30 June 2005 and 2004.