ALPHA GENERAL<00073> - Results Announcement

Alpha General (Holdings) Limited announced on 19/11/2004:
(stock code: 00073 )
Year end date: 31/3/2005
Currency: HKD
Auditors' Report: N/A
Interim report reviewed by: Both Audit Committee and Auditors

                                                        (Unaudited )
                                     (Unaudited )       Last
                                     Current            Corresponding
                                     Period             Period
                                     from 1/4/2004      from 1/4/2003  
                                     to 30/9/2004       to 30/9/2003  
                               Note  ($         )       ($         )
Turnover                           : 139,075,000        113,778,000       
Profit/(Loss) from Operations      : (6,783,000)        (8,235,000)       
Finance cost                       : (869,000)          (411,000)         
Share of Profit/(Loss) of 
  Associates                       : N/A                N/A               
Share of Profit/(Loss) of
  Jointly Controlled Entities      : N/A                N/A               
Profit/(Loss) after Tax & MI       : (7,671,000)        (8,761,000)       
% Change over Last Period          : N/A       %
EPS/(LPS)-Basic (in dollars)       : (0.0395)           (0.0451)          
         -Diluted (in dollars)     : N/A                N/A               
Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
Profit/(Loss) after ETD Items      : (7,671,000)        (8,761,000)       
Interim Dividend                   : Nil                Nil               
  per Share                                                               
(Specify if with other             : N/A                N/A               
  options)                                                                
                                                                          
B/C Dates for 
  Interim Dividend                 : N/A          
Payable Date                       : N/A       
B/C Dates for (-)            
  General Meeting                  : N/A          
Other Distribution for             : N/A           
  Current Period                     
                                     
B/C Dates for Other 
  Distribution                     : N/A          

Remarks:

                                  
LOSS  PER SHARE

The calculation of the basic loss per share for the period is based on the 
following data :

                                                Six months ended
                                         30.9.2004              30.9.2003
                                         HK$'000                HK$'000
           
Loss for the purposes of basic and diluted
loss per share (net loss for the period) (7,671)                (8,761)  
                                        ========                ========

Number of ordinary shares for the purpose of
basic earnings per share                194,165,900            194,165,900
                                        ===========            ===========


No diluted loss per share has been presented as the exercise of share 
options would result in a reduction in loss per share.