Quarterly Results announcement form Name of listed company :Capinfo Company Limited Stock code :8157 Year end date :31/12/2002 Auditors' report : Modified Qualified Unqualified X N/A 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 Currency: RMB'000 (Unaudited) (Unaudited) Quarterly Results Announcement Current Last Corresponding Period Period from 01/01/2002 from 01/01/2001 to 30/06/2002 to 30/06/2001 RMB'000 RMB'000 Turnover : 105,738 50,236 Profit/(Loss) from Operations : 7,423 -10,375 Finance cost : -224 -331 Share of Profit/(Loss) of Associates : 0 -586 Share of Profit/(Loss) of Jointly Controlled Entites : 0 0 Profit/(Loss) after Taxation & MI : 6,395 -10,312 % Change Over the Last Period : N/A % EPS / (LPS) - Basic : RMB0.22cents RMB-0.47cents - Diluted : N/A N/A Extraordinary (ETD) Gain/(Loss) : 0 0 Profit (Loss) after ETD Items : 6,395 -10,312 2nd Q Dividend per Share : Nil Nil (specify if with other options) : N/A N/A B/C Dates for 2nd Q Dividend : N/A to N/A bdi. Payable Date : N/A B/C Dates for AGM/SGM : N/A to N/A bdi. Other Distribution for Current Period : Nil B/C Dates for Other Distribution : N/A to N/A bdi. (bdi: both days inclusive) For and on behalf of Capinfo Company Limited Signature : Name :Andrew Lo Wai Tat 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. Remark: 1. GENERAL The Company was established in Beijing, the People��s Republic of China (the "PRC") on 14th July,2000 as a joint stock limited company. Following the consent from the China Securities Regulatory Commission on 31st October, 2001, the Company��s overseas-listed foreign shares ("H shares") were listed on the Growth Enterprise Market of The Stock Exchange of Hong Kong Limited on 21st December, 2001. The Company��s ultimate holding company is Beijing State- Owned Assets Management Corporation Limited, a state-owned enterprise, also established in the PRC. 2. BUSINESS AND GEOGRAPHICAL SEGMENTS For management purposes,the Group ��s operations are organised into three operating divisions namely e-Government technology services,e-Commerce technology services and internet service provision. These divisions are the basis on which the Group reports its primary segment information. As the assets of the Group are substantially used on a common basis by each of the segments of the Group,it is impracticable to analyse the assets and liabilities of the Group by business segments. Business segments for the period are as follows: Six months ended 30.6.2002 30.6.2001 RMB��000 RMB��000 TURNOVER Continuing operations - e-Government technology 78,096 44,451 services - e-Commerce technology 27,642 2,307 services ___________ ___________ Discontinued operations - internet service - 3,478 ___________ ___________ 105,738 50,236 ___________ ___________ The Group ��s operations are situated in the PRC in which its revenue was derived principally therefrom.Accordingly, no geographical segments were presented. 3. TAXATION The Company is recognised as a new-technology enterprise according to PRC tax regulations and is entitled to exemption from PRC income tax for the first three years of its operations and entitled to a 50% tax relief for the next three years commencing 2001. There was no significant unprovided deferred taxation for the period or at the balance sheet date. 4. EARNINGS (LOSS) PER SHARE The calculation of the basic earnings (loss)per share is based on the following data: Six months ended 30.6.2002 30.6.2001 Net profit (loss)for RMB6,395,000 RMB(10,312,000) the period _____________ _______________ Weighted average number of ordinary shares for the purposes of basic earning per shares 2,895,823,465 2,193,997,000 _____________ _______________ No diluted earnings per share has been presented as the effect of the potential shares outstanding during the period was anti-dilutive.There were no potential dilutive shares in 2001.