EAGLE NICE<02368> - Results Announcement

Eagle Nice (International) Holdings Limited announced on 17/11/2006:
(stock code: 02368 )
Year end date: 31/03/2007
Currency: HKD
Auditors' Report: N/A
Interim report reviewed by: Audit Committee

                                                        (Unaudited )
                                     (Unaudited )       Last
                                     Current            Corresponding
                                     Period             Period
                                     from 01/04/2006    from 01/04/2005
                                     to 30/09/2006      to 30/09/2005
                               Note  ('000      )       ('000      )
Turnover                           : 247,576            300,790           
Profit/(Loss) from Operations      : 40,306             57,600            
Finance cost                       : N/A                N/A               
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       : 32,954             51,456            
% Change over Last Period          : -36       %
EPS/(LPS)-Basic (in dollars)       : 0.08               0.12              
         -Diluted (in dollars)     : N/A                N/A               
Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
Profit/(Loss) after ETD Items      : 32,954             51,456            
Interim Dividend                   : $0.06              $0.06
  per Share                                              
(Specify if with other             : N/A                N/A
  options)                                               
                                                         
B/C Dates for 
  Interim Dividend                 : 06/12/2006         to 07/12/2006 bdi.
Payable Date                       : 20/12/2006
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.  BASIS OF PREPARATION AND IMPACT OF NEW AND REVISED HONG KONG 
   FINANCIAL REPORTING STANDARDS

The accounting policies used in the preparation of these interim financial 
statements are consistent with those adopted in the annual financial 
statements for the year ended 31 March 2006, except in relation to the 
following new and revised Hong Kong Financial Reporting Standards ("
HKFRSs", which also include HKASs and Interpretations) that affect the 
Group and are adopted for the first time for the current period's 
financial statements:

HKAS 21 Amendment       Net Investment in a Foreign Operation
HKAS 39 Amendment       The Fair Value Option
HK(IFRIC)-Int 4         Determining whether an Arrangement contains a 
                        lease

There was no material impact on the basis of preparation of the condensed 
consolidated interim financial statements arising from the adoption of the 
above-mentioned new and revised accounting standards. 

2.       EARNINGS PER SHARE

(a) Basic earnings per share

The calculation of basic earnings per share is based on the profit 
attributable to equity holders of the Company for the period of 
approximately HK$32,954,000 (six months ended 30 September 2005: 
approximately HK$51,456,000) and the weighted average of 427,000,000 (six 
months ended 30 September 2005: 427,000,000) ordinary shares in issue 
during the period.

(b) Diluted earnings per share

Diluted earnings per share for both periods have not been disclosed as no 
diluting events existed during these periods.