ECO-TEK HLDGS<08169> - Results Announcement (Q3, 2002/2003, Summary)



Eco-Tek Holdings Limited announced on 10/09/2003
(stock code: 08169)

Year end date                         :31/10/2003
Currency                              :HKD
Auditors' report                      :N/A
Review of 3rd Quarterly Report by     :Audit Committee

Important Note :

This result announcement form only contains extracted information from
and should be read in conjunction with the detailed results announcement
of the issuer, which can be viewed on the GEM website at
http://www.hkgem.com

                                           (Unaudited)       (Unaudited)
                                           Current    Last Corresponding
                                                Period            Period
                                       from 01/11/2002   from 01/11/2001
                                         to 31/07/2003     to 31/07/2002
                                                 $'000             $'000

Turnover                              :         72,113            22,087
Profit/(Loss) from Operations         :         11,037             4,320
Finance cost                          :          (265)              (64)
Share of Profit/(Loss) of Associates  :            N/A               N/A
Share of Profit/(Loss) of Jointly
         Controlled Entites           :            N/A               N/A
Profit/(Loss) after Taxation & MI     :          8,382             3,571
% Change Over the Last Period         :        +134.72%
EPS / (LPS)
          Basic (in dollar)           :     HKD 0.0152        HKD 0.0067
          Diluted (in dollar)         :     HKD 0.0129        HKD 0.0056
Extraordinary (ETD) Gain/(Loss)       :            N/A               N/A
Profit (Loss) after ETD Items         :          8,382             3,571
3rd Quarterly Dividends per Share     :            NIL               NIL
(specify if with other options)       :            N/A               N/A
B/C Dates for 3rd Quarterly Dividends :            N/A
Payable Date                          :            N/A
B/C Dates for (-) General Meeting     :            N/A
Other Distribution for Current Period :            NIL
B/C Dates for Other Distribution      :            N/A
                                     
                                       For and on behalf of
                                       Eco-Tek Holdings Limited
                            Signature :
                                 Name :      Chor Ngai
                                Title :Company Secretary

Responsibility statement

The directors of the Company (the "Directors") as at the date hereof
hereby collectively and individually accept full responsibility for the
accuracy of the information contained in this results announcement form
(the "Information") and confirm, having made all reasonable inquiries,
that to the best of their knowledge and belief the Information are
accurate and complete in all material respects and not misleading and
that there are no other matters the omission of which would make the
Information herein inaccurate or misleading. The Directors acknowledge
that the Stock Exchange has no responsibility whatsoever with regard
 to the Information and undertake to indemnify the Exchange against all
liability incurred and all losses suffered by the Exchange in connection
with or relating to the Information.

Remarks:

1. Principal accounting policies and basis of preparation

The accounts have been prepared in accordance with all applicable
Statements of Standard Accounting Practice ("SSAP") and Interpretations
issued by the Hong Kong Society of Accountants,  accounting principles
generally accepted in Hong Kong and the disclosure requirements of the
Hong Kong Companies Ordinance.  These accounts have also complied
with the applicable disclosure provisions of GEM Listing Rules.
The measurement basis used in the preparation of the accounts is
historical cost.

The accounting policies and basis of preparation adopted for the
preparation of the accounts are consistent with those adopted by the
Group in its annual financial statements for the year ended 31 October
2002 except that the Group has adopted SSAP 34¡§Employee benefits¡¨
which prescribes the accounting and disclosure for employee benefits.
However, this SSAP has no major impact on the consolidated results for
the nine months ended 31 July 2003 of the Group.

2. Earnings per share

a) Basic earnings per share

The calculation of basic earnings per share for the three months ended
31 July 2003 was based on the unaudited consolidated net profit
attributable to shareholders of approximately HK$4,174,000 (2002:
approximately HK$1,056,000) and the number of 552,800,000 ordinary
shares (2002: 552,800,000 shares) in issue during the period.

The calculation of basic earnings per share for the nine months ended 31
July 2003 was based on the unaudited consolidated net profit
attributable to shareholders of approximately HK$8,382,000 (2002:
approximately HK$3,571,000) and the weighted average number of
552,800,000 ordinary shares (2002: 536,600,733 shares) in
issue during the period.

b) Diluted earnings per share

The calculation of diluted earnings per share for the three months ended
31 July 2003 was based on the unaudited consolidated net profit
attributable to shareholders of HK$4,174,000 (2002: HK$1,056,000) and
the weighted average number of 649,332,700 ordinary shares in issue
(2002: 654,225,945 shares) after adjusting for the effects of all
dilutive potential ordinary shares.


The calculation of diluted earnings per share for the nine months ended
31 July 2003 was based on the unaudited consolidated net profit
attributable to shareholders of HK$8,382,000 (2002: HK$3,571,000) and
the weighted average number of 650,247,152 ordinary shares in issue
(2002: 639,622,069 shares) after adjusting for the effects of all
dilutive potential ordinary shares.