AUTOMATED SYSTEMS BANKS ON THE SECOND HALF

Automated Systems Holdings expects revenue to recover in the second half of the financial year ending March. The company recorded interim revenue of HK$523 million and profit of HK$18.9 million - compared with HK$629 million and HK$23.8 million respectively in the same period in 2001. Managing director Lai Yam-ting said the company would target government contracts valued up to HK$100 million.