SANYUAN GROUP<00140> - Results Announcement (Summary) (Revised)

Sanyuan Group Limited announced on 26/09/2005:
(stock code: 00140 )
Year end date: 31/12/2005
Currency: HKD
Auditors' Report: N/A
Interim report reviewed by: Both Audit Committee and Auditors

                                                        (Unaudited )
                                     (Unaudited )       Last
                                     Current            Corresponding
                                     Period             Period
                                     from 01/01/2005    from 01/01/2004
                                     to 30/06/2005      to 30/06/2004
                               Note  ('000      )       ('000      )
Turnover                           : 465                560               
Profit/(Loss) from Operations      : 17,202             26,533            
Finance cost                       : (186)              (9,016)           
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       : 17,016             18,804            
% Change over Last Period          : -9.5      %
EPS/(LPS)-Basic (in dollars)       : 0.018              0.061             
         -Diluted (in dollars)     : N/A                N/A               
Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
Profit/(Loss) after ETD Items      : 17,016             18,804            
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:

1. PROFIT FROM OPERATIONS

This is stated after (charging) crediting:

                                        Six months      Six months
                                        ended           ended
                                        30 June 2005    30 June 2004
                                        HK$'000         HK$'000
Other income                            63              102
Material cost for service income        (150)           (172)
Depreciation                            (195)           (120)
Staff costs                             (2,031)         (2,926)
Other operating expenses                (2,635)         (2,300)
Holding (losses) gains on other
 investments                            (36)            298
Profit on disposal of other investments -               53
Reversal of losses of subsidiaries on
 deconsolidation                        13,021          -
Gain on disposal of property, plant
 and equipment                          -               24
Provision for doubtful trade and
 other receivables                      -               (3,513)
Gain on forfeiture of deposits received 8,700           -
Gain on discharge of bank indebtedness  -               34,527

2. EARNINGS PER SHARE
The calculation of basic earnings per share for the six months ended 30 
June 2005 was based on the consolidated profit of approximately 
HK$17,016,000 (Six months ended 30 June 2004: approximately HK$18,804,000) 
and the approximately 953,907,000 shares (Six months ended 30 June 2004: 
approximately 310,071,000 shares) in issue during the six months ended 30 
June 2005.

No diluted earnings per share is presented as there were no dilutive 
potential ordinary shares in issue for the six months period ended 30 June 
2004 and 30 June 2005.