SAINT HONORE<00192> - Results Announcement (Summary)

Saint Honore Holdings Limited announced on 06/12/2001:
(stock code: 00192 )
Year end date: 31/03/2002
Currency: HKD
Auditors' Report: Neither
Review of Interim Report by: Audit Committee

                                                        (Unaudited )
                                     (Unaudited )       Last
                                     Current            Corresponding
                                     Period             Period
                                     from 01/04/2001    from 01/04/2000
                                     to 30/09/2001      to 30/09/2000 
                               Note  ('000      )       ('000      )
Turnover                           : 255,071            236,878           
Profit/(Loss) from Operations   1  : 13,981             18,396            
Finance cost                       : 0                  0                 
Share of Profit/(Loss) of 
  Associates                       : 0                  0                 
Share of Profit/(Loss) of
  Jointly Controlled Entities      : 0                  0                 
Profit/(Loss) after Tax & MI    1  : 11,527             15,777            
% Change over Last Period          : -26.94%
EPS/(LPS)-Basic (in dollars)    2  : 0.0587             0.0804            
         -Diluted (in dollars)  2  : 0.0578             N/A               
Extraordinary (ETD) Gain/(Loss)    : 0                  0                 
Profit/(Loss) after ETD Items   1  : 11,527             15,777            
Interim Dividend                   : 2.5 cents          N/A               
  per Share                                                               
(Specify if with other             : N/A                N/A               
  options)                                                                
B/C Dates for 
  Interim Dividend                 : 14/01/2002 to 17/01/2002 bdi.
Payable Date                       : 29/01/2002
B/C Dates for (-)            
  General Meeting                  : N/A          
Other Distribution for             : N/A           
  Current Period                     
B/C Dates for Other 
  Distribution                     : N/A          

Remarks:

1.  Comparative figures

Due to implementation of Statement of Standard Accounting Practice 29, 
the trademark "Saint Honore" which was acquired in 1992 was re-capitalised 
at cost and amortised over 20 years commenced in the year available for 
use. 

Since this accounting policy has been applied retrospectively, we adjusted 
the comparative figures by HK$2.3 million, being the amortisation charge 
for 6 months. 

2.  Earnings per share

The calculation of basic and diluted earnings per share is based on the 
following data:
                                                          Unaudited
                                           Six months ended 30th September
                                                                (Restated)
                                              2001              2000
                                              HK$'000           HK$'000
Earnings

    Earnings for the purpose of the calculation of  
      basic and diluted earnings per share    11,527            15,777 
                                              =======           =======

                                               2001              2000
    Number of shares

    Weighted average number of ordinary shares for
      the purpose of the calculation of
      basic earnings per share                  196,229,000    196,229,000 
    Effect of dilutive potential ordinary shares  3,213,773          -
                                                --------------------------

    Weighted average number of ordinary shares for
      the purpose of the calculation of 
      diluted earnings per share                199,442,773    196,229,000 
                                               ===========================