PINE TECHNOLOGY<08013> - Results Announcement (Q3, 2005/2006, Summary)


PINE Technology Holdings Limited announced on 10/05/2006:
(stock code: 08013 )

Year end date                         :30/06/2006
Currency                              :USD
Auditors' report                      :N/A
3rd 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 01/07/2005   from 01/07/2004
                                         to 31/03/2006     to 31/03/2005
                                                 $'000             $'000

Turnover                              :        269,248           195,819
Profit/(Loss) from Operations         :          4,954             2,929
Finance cost                          :        (2,210)           (1,275)
Share of Profit/(Loss) of Associates  :          (117)               N/A
Share of Profit/(Loss) of Jointly
         Controlled Entites           :            N/A                 0
Profit/(Loss) after Taxation & MI     :          2,280             1,501
% Change Over the Last Period         :         +51.90%
EPS / (LPS)
          Basic (in dollar)           :    USD 0.00334        USD 0.0022
          Diluted (in dollar)         :    USD 0.00334               N/A
Extraordinary (ETD) Gain/(Loss)       :            N/A               N/A
Profit (Loss) after ETD Items         :          2,280             1,501
3rd Quarter Dividends per Share       :            NIL               NIL
(specify if with other options)       :            N/A               N/A
B/C Dates for 3rd 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
PINE Technology Holdings Limited

Signature :
Name      : Chiu Hang Tai
Title     : Director

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. Basis of presentation
	
The accounts have been prepared under the historical cost convention,
modified for the revaluation of certain investments in securities.
The financial statements have been prepared in accordance with
accounting principles generally accepted in Hong Kong.
	
	
2. Earnings per share
	
The calculation of the basic earnings per share for the Nine-Month
Period, the Quarterly Period, the corresponding nine-month period
and quarterly period in 2005, and diluted earnings per share for the
Nine-Month Period and the Quarterly Period are based on the following
data:
	
                                 Nine months ended  Three months ended
                                       31 March          31 March
                                      2006     2005     2006     2005
	
Earnings for the purpose of
 basic earnings per share (US$)  2,280,000 1,501,000 1,021,000 657,000
                                  ======== ======== ======== ========
	
Number of ordinary shares
 for the purpose of
 basic earnings
 per share ('000 shares)           682,786  682,786  682,786  682,786
	
Effect of dilutive potential
  ordinary share in respect of:
  - Share Options                      745      N/A    2,037      N/A
                                  -------- -------- -------- --------
Weighted average number of
  ordinary shares for the purpose  683,531  682,786  684,823  682,786
                                  ======== ======== ======== ========
	
No diluted earnings per share has been presented for the corresponding
nine-month period and quarterly period in 2005, because the exercise
prices of the Company's share options were higher than the average
market price of the shares for the periods.