CHINA DATACAST<08016> - Results Announcement (Final, 2003, Summary)

China Data Broadcasting Holdings Limited announced on 26/3/2004:
(stock code: 08016 )

Year end date                         :31/12/2003
Currency                              :HKD
Auditors' report                      :Unqualified

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 01/01/2003   from 01/01/2002
                                         to 31/12/2003     to 31/12/2002
                                               HK$'000           HK$'000

Turnover                              :        180,750           111,566
Profit/(Loss) from Operations         :          1,807           (4,649)
Finance cost                          :            N/A               N/A
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     :          1,302           (4,006)
% Change Over the Last Period         :            N/A
EPS / (LPS)
          Basic (in dollar)           :     HKD 0.0041      (HKD 0.0126)
          Diluted (in dollar)         :      HKD 0.004               N/A
Extraordinary (ETD) Gain/(Loss)       :            N/A               N/A
Profit (Loss) after ETD Items         :         1,302            (4,006)
Final Dividends per Share             :            NIL               NIL
(specify if with other options)       :            N/A               N/A
B/C Dates for Final 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
                                       (bdi: both days inclusive)

                               For and on behalf of
                               China Data Broadcasting Holdings Limited
                    Signature :
                         Name :Shum Shing Kei
                        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.

Remark:
	
1.  Earnings/(Loss) Per Share
	
The calcuation of basic earnings per share for the year ended 31
December 2003 was based on the net profit attributable to shareholders
of HK$1,302,000 (2002: net loss of HK$4,006,000) and the weighted
average of 318,000,000 (2002: 318,000,000) ordinary shares in issue
during the year.
	
The calculation of diluted earnings per share is based on the net profit
attributable to shareholders for the year of HK$1,302,000.  The weighted
average number of ordinary shares used in the calculation is the
318,000,000 ordinary shares in issue during the year, as used in the
basic earnings per share calculation; and the weighted average of
5,929,549 ordinary shares assumed to have been issued at no
consideration on the deemed exercise of all share options during
the year.
	
Diluted loss per share amounts for the year ended 31 December 2002 has
not been disclosed as no diluting events existed during the year.