ARCONTECH<08097> - Results Announcement (Q1, 2003/2004, Summary)


Arcontech Corporation announced on 31/12/2003:
(stock code: 08097 )

Year end date                         :31/03/2004
Currency                              :HKD
Auditors' report                      :N/A
1st Quarterly Report Reviewed 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 01/04/2003   from 01/04/2002
                                         to 30/06/2003     to 30/06/2002
                                               HK$'000           HK$'000

Turnover                              :         58,207           119,145
Profit/(Loss) from Operations         :       (14,754)            14,533
Finance cost                          :        (2,472)           (1,461)
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     :       (15,659)            10,005
% Change Over the Last Period         :            N/A
EPS / (LPS)
          Basic (in dollar)           :   (HKD 0.0191)        HKD 0.0127
          Diluted (in dollar)         :            N/A               N/A
Extraordinary (ETD) Gain/(Loss)       :            N/A               N/A
Profit (Loss) after ETD Items         :       (15,659)            10,005
1st Quarter Dividends per Share       :            NIL      HK0.35 cents
(specify if with other options)       :            N/A               N/A
B/C Dates for 1st Quarter 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
            Arcontech Corporation

Signature :
     Name : Yip Ho Bun, Edwin
    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
to the Information and undertake to indemnify the Exchange against all
 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:

The accounts have been prepared in accordance with
accounting principles generally accepted in Hong Kong
and comply with accounting standards issued by the Hong
Kong Society of Accountants.
	
**(Loss) / earnings per share**
The calculation of basic (loss) / earnings per share for
the three months ended 30 June  2003 is based on the
loss attributable to shareholders of
HK$15,659,000 (2002: Profit of HK$10,005,000) and
820,000,000 shares (2002: 789,230,769 shares) in issue
during the period.
	
Diluted earnings per share is not presented because
there were no dilutive potential ordinary shares
outstanding during the period.