2001 INTERIM REPORT

WELBACK HOLDINGS LIMITED
CONDENSED CONSOLIDATED INCOME STATEMENT
CONDENSED CONSOLIDATED BALANCE SHEET
CONDENSED CONSOLIDATED CASH FLOW STATEMENT
NOTES TO THE CONDENSED FINANCIAL STATEMENTS
INTERIM DIVIDEND
BUSINESS REVIEW
PROSPECTS
FINANCIAL REVIEW AND LIQUIDITY
EMPLOYEE SCHEMES
MAJOR LITIGATION AND ARBITRATION PROCEEDINGS
OTHER MATTER
SUBSEQUENT EVENTS
THE CODE OF BEST PRACTICE
AUDIT COMMITTEE
DIRECTORS' AND CHIEF EXECUTIVES' INTERESTS IN SHARES OF THE COMPANY OR ITS ASSOCIATED CORPORATIONS
SUBSTANTIAL SHAREHOLDERS
PURCHASE, SALE OR REDEMPTION OF THE COMPANY'S LISTED SECURITIES