Yearly Results announcement form
     
Name of listed company               : AKuP International Holding Limited
     
Stock code                           : 8179
     
Year end date                        : 31 December 2001
     
Auditors' report                     :   Qualified
                                         Modified
                                       x Neither
     
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
     
                                             (Audited)        (Audited)
                                                                   Last
Final Results Announcement                     Current    Corresponding
                                                Period           Period
                                       from 01/01/2001  from 01/01/2000
                                         to 31/12/2001    to 31/12/2000
                                               HK$'000          HK$'000
     
Turnover                             :          29,875           25,965
Profit/(Loss) from Operations        :           1,509          (4,259)
Finance cost                         :              72                0
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    :           2,452          (2,514)
% Change Over the Last Period        :           N/A %
EPS / (LPS) - Basic                  :      0.46 cents     (0.49) cents
                - Diluted            :             N/A              N/A
Extraordinary (ETD) Gain/(Loss)      :               0                0
Profit (Loss) after ETD Items        :           2,452          (2,514)
Final Dividend per Share             :               0                0
(specify if with other options)      :             N/A              N/A
B/C Dates for Final Dividend         :          N/A to         N/A bdi.
Payable Date                         :             N/A
B/C Dates for AGM/SGM                :          N/A to         N/A bdi.
Other Distribution for Current Period:             Nil
B/C Dates for Other Distribution     :          N/A to         N/A bdi.
                                       (bdi: both days inclusive)
     
                                       For and on behalf of
                                       AKuP International Holding Limited
                           Signature :
                                Name : PAU Wai Lun, Willy
                               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  Group reorganisation and basis of presentation
     
AKuP International Holding Limited (the "Company") was
incorporated in the Cayman Islands on 14 June 2000 as an
exempted company with limited liability under the
Companies Law (Revised) of the Cayman Islands.
The Company became the holding company of the Group on
29 October 2001 through a reorganisation
(the "Reorganisation").
     
The Company and its subsidiaries (the "Group") resulting
from the Reorganisation have been regarded as a continuing
group.  Accordingly the consolidated results have been
prepared on the basis of merger accounting in accordance
with the Statement of Standard Accounting Practice
No. 2.127 "Accounting for Group Reconstructions".  On this
basis, the Company was the holding company of the Group
for both years presented, rather than from 29 October 2001.
In the circumstances, the results of the Group for the
years ended 31 December 2000 and 2001 include the results
of the Company and its subsidiaries with effect from
1 January 2000 or since their respective dates of
incorporation whichever is a shorter period.  In the
opinion of the Directors, the resulting consolidated
results give a more meaningful view of the results
of the Group as a whole.
     
The Company's shares were listed on the Growth
Enterprise Market of The Stock Exchange of Hong Kong
Limited on 5 November 2001.
     
2  Revenue
     
Revenue represents income arising from the provision of
the provision of custom-made solutions and consultancy
services and the sale of hardware and software products.
Revenue excludes value added or other sales taxes and
is after deduction of any trade discounts.
     
3  Earnings/(loss) per share
     
The calculation of basic earnings per share for the year
ended 31 December 2001 is based on the profit attributable
to shareholders of $2,452,000 divided by the weighted
average number of 532,500,000 shares in issue during the
year.
     
The calculation of basic loss per share for the year ended
31 December 2000 is based on the loss attributable to
shareholders of $2,514,000 divided by 513,000,000 shares
in issue immediately prior to the placing but after the
capitalisation issue dated 4 November 2001.
     
There were no potential dilutive ordinary shares in issue
as at 31 December 2001 and 2000.