KING PACIFIC<00072> - Results Announcement (Summary)

King Pacific International Holdings Limited announced on 7/12/2001:
(stock code: 72)

The auditors' report on the financial statements which contain the 
following result is qualified by the Company's auditors.  For more 
details, please refer to the press announcement to be issued by the 
Company on 10/12/2001.

Year end date: 31/3/2001
Currency: HKD                                               (Audited)
                                           (Audited)        Last
                                           Current          Corresponding
                                           Period           Period
                                           from 1/4/2000    from 1/4/1999
                                           to 31/3/2001     to 31/3/2000

Turnover                                 : 462,826,995      1,964,022,929
(Loss) from Operations                   : (57,426,294)     (169,692,552)
Finance cost                             : (11,724,309)     (19,221,352)
Share of (Loss) of Associates            : -                (3,052,672)
Share of Profit/(Loss) of
  Jointly Controlled Entities            : N/A              N/A
(Loss) after Tax & MI                    : (68,741,971)     (190,527,415)
% Change over Last Period                : N/A
(LPS)-Basic                              : (7.04 cents)     (22.56 cents)
     -Diluted                            : N/A              N/A
Extraordinary (ETD) Gain/(Loss)          : N/A              N/A
Profit/(Loss) after ETD Items            : (68,741,971)     (190,527,415)
Final Dividend per Share                 : NIL              NIL
(Specify if with other options)          : -                -
B/C Dates for Final Dividend             : -
Payable Date                             : -
B/C Dates for Annual General Meeting     : 28/12/2001 to 3/1/2002 bdi.
Other Distribution for Current Period    : -
B/C Dates for Other Distribution         : -