Digital Hong Kong : DIGITALHONGKONG.COM Announces Full Year Results

www.digitalhongkong.com

Kantone Centre, Chai Wan, Hong Kong

Tel: [phone] Fax: [phone]

For Immediate Release

DIGITALHONGKONG.COM Announces Full Year Results * * * * Hong Kong (22 August 2014) - DIGITALHONGKONG.COM ("Digital HK") (stock code: 8007)

reported its full year results for the year ended 30 June 2014.
The Group's financial performance is summarised as below:
• Turnover of HK$3,792,000, compared with HK$3,066,000 last year
• Loss for the year of HK$2,055,000, compared with a loss of HK$2,662,000 last year
The Group's financial position remained liquid and positive, and did not have any bank borrowings. As at 30 June 2014, the Group had bank balances and cash amounting to approximately HK$2,860,000.

Operations Review

During the year, the Group's e-commerce platform was enhanced and customised to accommodate the trading of cultural products, alongside with the integration of social media in helping our customers to promote their cultural and related activities. Service fees derived from the Group's enabling solutions and technical consultation on e-commerce integration and application customisation were the primary source of income for the Group.
Consistent with its prudent financial management, the Group's spending on new systems and networks, as well as infrastructure upgrades was strictly in line with the level of business attained, and its resources were deployed in such a way so as to produce optimum results.

Outlook

The Group will continue its development efforts in new solutions and services to stay competitive in the challenging and changing market environment. It will also focus on managing its expenses while prudently pursue suitable investment opportunities that can expand its income base and generate reliable cashflows. In particular, the Group will pursue sectors which can build on its expertise in IT and e-commerce, and are supported by government policies, including healthcare, innovation and technology, cultural and creative industries, energy conservation and green technologies, smart living, and information-based services for the community and consumers.

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數碼香港 DIGITALHONGKONG.COM

Member Champion Technology Group

About DIGITALHONGKONG.COM (stock code: 8007)

www.digitalhongkong.com

Kantone Centre, Chai Wan, Hong Kong

Tel: [phone] Fax: [phone]

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Digital HK (www.digitalhongkong.com) has been listed on the Growth Enterprise Market of The Stock Exchange of Hong Kong Limited (the "Exchange") since April 2000. Started as a commerce service provider that specialised in providing outsourcing services for online commerce, Digital HK has strategically positioned itself to integrate both online and offline businesses, and to engage in technology investments focusing on industries supported by government policies.

Digital HK and its subsidiaries now operate the following complementary lines of business:

●　 provision of internet and e-commerce enabling solutions, IT consulting and technical services

●　 strategic investments in selected technologies and applications

●　 investment in lifescience and health related projects

●　 promotion and trading of cultural products and related services

Digital HK is a subsidiary of Champion Technology Holdings Limited, a global technology group listed on the Main Board of the Exchange.

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Please direct your enquiries to: Corporate and Public Affairs Division Tel: [phone] Fax: [phone]

Email: ir@digital hongkong .com
Web Site: http://www.digital hongkong .com

數碼香港 DIGITALHONGKONG.COM

Member Champion Technology Group