CHEVALIER CONS<0579> - Results Announcement

Chevalier Construction Holdings Limited announced on 3/8//1999:
(stock code: 579)
Year end date: 31/3/1999
Currency: HK$
                                                            Last
                                           Current          Corresponding
                                           Period           Period
                                           from 1/4/1998    from 1/4/1997
                                           to 31/3/1999     to 31/3/1998
                                           ('000)           ('000)
Turnover/Interest Income                 : 2,579,913        3,052,506
Profit-Continuing Operations
    - Operating Profit/(Loss)            : (89,004)         (16,148)
    - Exceptional Items                  : -                -
    - Discontinued Operations            : -                -
Total Operating Profit/(Loss)            : (89,004)         (16,148)
Share of Profit/(Loss) of
  Associated Companies                   : 11,760           8,565
Profit/(Loss) after Tax & MI             : (78,185)         (12,346)
% Change over Last Period                : N/A
EPS/(LPS)-Basic                          : (34.1 cents)     (5.4 cents)
         -Diluted                        : -                -
Extraordinary (ETD) Gain/(Loss)          : -                -
Profit/(Loss) after ETD Items            : (78,185)         (12,346)
Final Dividend per Share                 : Nil              Nil
(Specify if with other options)          : -                -
B/C Dates for Final Dividend             : N/A              
Payable Date                             : N/A
B/C Dates for (-) General Meeting        : N/A
Other Distribution for Current Period    : N/A
B/C Dates for Other Distribution         : N/A