CHEVALIER CONS<0579>- Results Announcement

Chevalier Construction Holdings Limited anounced on 17/12/1999:
(stock code: 579)
Year end date: 31/3/2000
Currency: HKD
                                                            Last
                                           Current          Corresponding
                                           Period           Period
                                           from 1/4/1999    from 1/4/1998
                                           to 30/9/1999     to 30/9/1998
                                           ('000)           ('000)
Turnover/Interest Income                 : 1,128,336        1,482,456
Profit-Continuing Operations
    - Operating Profit                   : 1,449            (48,677)
    - Exceptional Items                  : -                -
    - Discontinued Operations            : -                -
Total Operating Profit / (Loss)          : 1,449            (48,677)
Share of Profit/(Loss) of
  Associated Companies                   : 1,152            2,160
Share of Profit/(Loss) of Jointly
Controlled Entities                        (41)             (79)
Profit/(Loss) after Tax & MI             : 2,272            (46,917)
% Change over Last Period                : N/A
EPS/(LPS)-Basic                          : 0.99 cent        (20.5 cents)
         -Diluted                        : N/A              N/A
Extraordinary (ETD) Gain/(Loss)          : -                -
Profit/(Loss) after ETD Items            : 2,272            (46,917)
Interim Dividend per Share               : Nil              Nil
(Specify if with other options)          : -                -
B/C Dates for Interim 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