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CWORKS ANNOUNCEMENTS

Financial Results
Reference No CC-070214-53101

Company Name	:	CWORKS SYSTEMS BERHAD (MESDAQ Market)
Stock Name	:	CWORKS
Date Announced	:	27/02/2007

Financial Year End	:	31/12/2006
Quarter	:	4
Quarterly report for the financial period ended	:	31/12/2006
The figures	:	have not been audited

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Please attach the full Quarterly Report here:

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SUMMARY OF KEY FINANCIAL INFORMATION
31/12/2006

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31/12/2006	31/12/2005	31/12/2006	31/12/2005

		RM'000	RM'000	RM'000	RM'000
1	Revenue	887	896	4,858	3,558
2	Profit/(loss) before tax	-2,688	210	-2,265	1,934
3	Profit/(loss) for the period	-2,693	197	-2,345	1,908
4	Profit/(loss) attributable to ordinary equity holders of the parent	-2,652	252	-2,344	1,963
5	Basic earnings/(loss) per share (sen)	-2.65	0.25	-2.34	2.50
6	Proposed/Declared dividend per share (sen)	0.00	0.00	0.00	0.00


				AS AT END OF CURRENT QUARTER	AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent (RM)			0.1005	0.1339

Note: For full text of the above announcement, please access Bursa Malaysia website at www.bursamalaysia.com

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