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2005

Results Announcement (Q1, 2005, Summary)

2005-05-12

HAITIAN ANTENNA<08227> - Results Announcement (Q1, 2005, Summary)


Xi'an Haitian Antenna Technologies Co., Ltd.* 

(* for identification purpose only) announced on 12/05/2005:

(stock code: 08227 )


Year end date                         :31/12/2005

Currency                              :RMB

Auditors' report                      :N/A

1st Quarterly Report Reviewed by      :Audit Committee


Important Note :


This result announcement form only contains extracted information from

and should be read in conjunction with the detailed results announcement

of the issuer, which can be viewed on the GEM website at

http://www.hkgem.com


                                           (Unaudited)       (Unaudited)

                                              Current Last Corresponding

                                               Period            Period

                                       from 01/01/2005   from 01/01/2004

                                         to 31/03/2005     to 31/03/2004

                                               RMB'000           RMB'000


Turnover                              :         22,501            34,174

Profit/(Loss) from Operations         :        (8,308)           (2,151)

Finance cost                          :        (2,059)           (1,311)

Share of Profit/(Loss) of Associates  :            N/A               N/A

Share of Profit/(Loss) of Jointly

         Controlled Entites           :            N/A               N/A

Profit/(Loss) after Taxation & MI     :       (10,367)           (3,462)

% Change Over the Last Period         :            N/A

EPS / (LPS)

          Basic (in dollar)           :    (RMB 0.017)       (RMB 0.005)

          Diluted (in dollar)         :            N/A               N/A

Extraordinary (ETD) Gain/(Loss)       :            N/A               N/A

Profit (Loss) after ETD Items         :       (10,367)           (3,462)

1st Quarter Dividends per Share       :            NIL               NIL

(specify if with other options)       :            N/A               N/A

B/C Dates for 1st Quarter Dividends   :            N/A

Payable Date                          :            N/A

B/C Dates for (-) General Meeting     :            N/A

Other Distribution for Current Period :            NIL

B/C Dates for Other Distribution      :            N/A

                                       (bdi: both days inclusive)


For and on behalf of

Xi'an Haitian Antenna Technologies Co., Ltd.* 

(* for identification purpose only)


Signature :

Name      : Tsang, Yu Tit David

Title     : Company Secretary


Responsibility statement


The directors of the Company (the "Directors") as at the date hereof

hereby collectively and individually accept full responsibility for the

accuracy of the information contained in this results announcement form

(the "Information") and confirm, having made all reasonable inquiries,

that to the best of their knowledge and belief the Information are

accurate and complete in all material respects and not misleading and

that there are no other matters the omission of which would make the

Information herein inaccurate or misleading.The Directors acknowledge

that the Stock Exchange has no responsibility whatsoever with regard to

the Information and undertake to indemnify the Exchange against all

liability incurred and all losses suffered by the Exchange in connection

with or relating to the Information.


Remarks:

(1) The Company was listed on 5 November 2003.  The Company was formed

under the name of Xi'an Haitian Communication Equipment Company Limited

as a limited liability company on 13 October 1999 and reorganised as the

Company on 11 October 2000.


(2) The calculation of the basic earning per share is based on the

unaudited net loss for the three months ended 31 March 2005 of

approximately RMB10,367,000 (2003: approximately 3,462,000) and the

total number of 647,058,824 shares in issue during either period.

No diluted loss per share has been presented because there is no

potential ordinary shares outstanding during either period.


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