G. A. HOLDINGS<08126> - Results Announcement

G.A. Holdings Limited announced on 10/08/2005:
(stock code: 08126 )
Year end date: 31/12/2005
Currency: SGD
Auditors' Report: N/A
Interim report reviewed by: Audit Committee

Important Note:

This result announcement form only contain extracted information
from and should be read in conjunction with the detailed results 
announcement of the issuer, which can be view on the GEM website
at http://www.hkgem.com

                                                        (Unaudited )
                                     (Unaudited )       Last
                                     Current            Corresponding
                                     Period             Period
                                     from 01/01/2005    from 01/01/2004
                                     to 30/06/2005      to 30/06/2004
                               Note  ('000      )       ('000      )
Turnover                           : 51,306             63,679            
Profit/(Loss) from Operations      : 3,083              2,836             
Finance cost                       : (1,185)            (892)             
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       : 1,573              1,445             
% Change over Last Period          : +8.86     %
EPS/(LPS)-Basic (in dollars)       : 0.0039             0.0036            
         -Diluted (in dollars)     : N/A                N/A               
Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
Profit/(Loss) after ETD Items      : 1,573              1,445             
2nd Quarter Dividend               : N/A                N/A
  per Share                                              
(Specify if with other             : N/A                N/A
  options)                                               
                                                         
B/C Dates for 
  2nd Quarter Dividend             : N/A   
Payable Date                       : N/A
B/C Dates for (-)            
  General Meeting                  : N/A   
Other Distribution for             : N/A
  Current Period                     
                                     
B/C Dates for Other 
  Distribution                     : N/A   


	For and on behalf of 
	G.A. Holdings Limited
  
Name :  Chan Hing Ka Anthony
Title : Chairman and Managing 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 Preparation

The unaudited condensed consolidated interim financial statements have been prepared 
in accordance with the applicable requirements of the Rules Governing the Listing of 
Securities on the GEM of the Stock Exchange of Hong Kong Limited (¡§GEM Listing Rules¡¨), 
the Hong Kong Accounting Standard (¡§HKAS¡¨) 34: Interim Financial Reporting Standards 
issued by The Hong Kong Stock Institute of Certified Public Accountants (¡§HKICPA¡¨).

The accounting policies and basis of preparation adopted in these interim financial 
statements are consistent with those adopted in the Company¡¦s Annual Report for the year 
ended 31 December 2004 except for the new adoption of Hong Kong Financial Reporting 
Standards (¡§HKFRSs¡¨) and HKAS as disclosed in note 2 below. Due to the new adoption of 
such HKFRSs and HKASs, certain comparative figures previously reported have been 
restated to comply with the new requirements.

These unaudited condensed consolidated interim financial statements have been 
reviewed by the audit committee of the Company and were approved by the Board on 10 August 
2005.

2. Impact of new/revised HKFRSs and HKASs

The HKICPA has issued a number of new HKFRSs and HKASs and Interpretations, which are 
effective for the accounting periods commencing on or after 1 January 2005. The Group has, 
for the first time, adopted the following HKAS issued up to 30 June 2005 which are pertinent 
to its operations and relevant to these interim financial statements.

The adoption of HKAS 1 ¡§Presentation of Financial Statements¡¨ has affected the 
presentation of miority interests, which are shown within equity. On the face of the 
consolidated income statement, minority interests are presented as an allocation of the 
total profit or loss for the period.

3. Turnover

The Company is an investment holding company. Its subsidiaries are principally engaged 
in distribution of motor vehicles, provision of after-sales services and trading of auto 
parts, provision of management consulting and technical assistance, provision of 
management consulting and technical expertise to the car rental sublicensees.