HENDERSON CYBER LIMITED<08023> - Yearly Results Announcement
     
HENDERSON CYBER LIMITED announced on 18/09/2002
(stock codes: Ord: 08023)
     
Year end date                           :30/06/2002
Currency                                :HKD
Auditors' report                        :Unqualified
Review of Yearly Report by              :Audit Committee & Auditors
     
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)
                                             Current    Last Corresponding
                                             Period           Period
                                         from 01/07/2001   from 01/07/2000
                                           to 30/06/2002     to 30/06/2001
                                                   $'000             $'000
     
Turnover                                :         67,452            28,306
Profit/(Loss) from Operations           :       (141,454)          (86,073)
Finance cost                            :            (21)              (15)
Share of Profit/(Loss) of Associates    :            N/A               N/A
Share of Profit/(Loss) of Jointly
         Controlled Entites             :            (23)              (10)
Profit/(Loss) after Taxation & MI       :       (136,440)          (84,257)
% Change Over the Last Period           :            N/A%
EPS / (LPS)
          Basic (in dollars)            :   HKD (0.0273)      HKD (0.0169)
          Diluted (in dollars)          :            N/A               N/A
Extraordinary (ETD) Gain/(Loss)         :            N/A               N/A
Profit (Loss) after ETD Items           :       (136,440)          (84,257)
Final Dividend per Share                :            NIL               NIL
(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 (-) General Meeting       :      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
                                         HENDERSON CYBER LIMITED
                              Signature :
                                   Name :John YIP Ying Chee
                                  Title :      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.  BASIS OF PREPARATION
     
The principal accounting policies adopted in preparing the audited
consolidated results of the Group conform with accounting principles
generally accepted in Hong Kong and accounting standards issued by the
Hong Kong Society of Accountants.
     
2.  PROVISION FOR IMPAIRMENT LOSS
     
The Group has made provision of HK$60,260,000 (2001: HK$Nil) on data
centre and network equipment and facilities and provision of
HK$11,002,000 (2001: HK$Nil) on investment securities during the year.
     
3.  WRITE OFF OF INVENTORIES
     
Inventories in the amount of HK$11,254,000 (2001: HK$12,181,000) were
written off during the year.
     
4.  LOSS PER SHARE
     
The calculation of basic loss per share for the year ended 30th June,
2002 is based on the loss attributable to shareholders of
HK$136,440,000 (2001: HK$84,257,000) and on the weighted average number
of 5,000,000,000 (2001: 4,975,342,465) shares in issue during the year.
The weighted average number of shares for the prior year has been
adjusted for the effect of capitalisation issue following the initial
public offering of the Company's shares.
     
Diluted loss per share is not presented for the years ended 30th June,
2002 and 30th June, 2001 because there were no dilutive potential
shares in existence during the years.