CHINA DATACAST<08016> - Results Announcement (Q1, 2004, Summary)


China Data Broadcasting Holdings Limited announced on 12/05/2004:
(stock code: 08016 )

Year end date                         :31/12/2004
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 01/01/2004   from 01/01/2003
                                         to 31/03/2004     to 31/03/2003
                                               HK$'000           HK$'000

Turnover                              :         87,757               323
Profit/(Loss) from Operations         :          3,493            (1,709)
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     :          3,470            (1,628)
% Change Over the Last Period         :            N/A
EPS / (LPS)
          Basic (in dollar)           :     HKD 0.0109       (HKD 0.0051)
          Diluted (in dollar)         :     HKD 0.0108               N/A
Extraordinary (ETD) Gain/(Loss)       :            N/A               N/A
Profit (Loss) after ETD Items         :          3,470            (1,628)
1st Quarter Dividends per Share       :            NIL               NIL
(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

                                       (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.

Remarks:
	
1.  Earnings/(Loss) Per Share
	
The calcuation of basic earnings per share for the period ended 31
March 2004 was based on the net profit attributable to shareholders
of HK$3,470,000 (2003: net loss of HK$1,628,000) and the weighted
average of 318,000,000 (2003: 318,000,000) ordinary shares in issue
during the period.
	
The calculation of diluted earnings per share is based on net
profit attributable to shareholders for the period of HK$3,470,000.
The weighted average number of ordinary shares is 318,000,000
ordinary shares in issue during the period, as used in basic
earnings per share calculation; and the weighted average of
3,658,835 ordinary shares assumed to have been issued at no
consideration on the deemed exercise of all share options during
the period.
	
Diluted loss per share amounts for the period ended 31 March 2003
has not been disclosed as no diluting events existed during
the period.