Kingsway International Holdings Ltd., a Hong Kong-based provider of international financial services, today reported its financial results for the fourth quarter and 2006 fiscal year ended June 30, 2006.

Financial highlights for the fiscal year include:

Total revenue decreased to US$25.3 million compared with $27.4 million in fiscal 2005.

Revenue from services and other income increased to US$17.6 million compared with US$16.6 million in fiscal 2005.

Revenue from realized and unrealized gains on investments in marketable securities decreased to US$7.7 million from $10.8 million in fiscal 2005;

Net loss was US$3.4 million, or US43¢ per share, compared with a net income of US$5.2 million, or US65¢ per share in fiscal 2005.

A significant real estate investment was acquired in Beijing for US$30 million.