BNSO Bonso Electronics International Inc

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

Report of Foreign Issuer

Pursuant to Rule 13a-16 or 15d-16 of

the Securities Exchange Act of 1934

For November 16, 2007

[Indicate by check mark whether the Registrant files or will file annual reports
under cover of Form 20-F or Form 40-F.]

Form 20-F [X] Form 40-F [ ]

[Indicate by check mark whether the Registrant by furnishing the information

contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.]

Yes [ ] No [X]

TABLE OF CONTENTS
REPORT FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2007 ON FORM 6-K

 Page
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Consolidated Financial Statements

Unaudited Consolidated Balance Sheets as of June 30, 2007 and
 March 31, 2007 3

Unaudited Consolidated Statements of Income and
 Comprehensive Income for the Three-Month Periods
 Ended June 30, 2007 and 2006 4

Management Discussion and Analysis of Financial Conditions
 and Results of Operations 5

Liquidity and Capital Resources 6

Stock Repurchase Program 6

Section 404 Compliance 6

Signature 7


Exhibits

99.1 Press Release Disclosing First Quarter Results dated November 2, 2007

 BONSO ELECTRONICS INTERNATIONAL INC.
 CONSOLIDATED BALANCE SHEET
 (In U.S. Dollars)
 30-Jun 31-Mar
 2007 2007
 ---- ----
 (Unaudited) (Unaudited)
Assets
------

Current assets
Cash and cash equivalents 8,779,578 8,118,018
Trade receivables, net 6,977,212 6,739,567
Inventories, net 15,850,748 14,997,788
Tax recoverable 193,806 2,117
Other receivables, deposits and prepayments 3,706,768 2,678,328
Investment 700,000 700,000
 ----------- -----------
Total current assets 36,208,112 33,235,818

Deferred income tax assets 87,369 87,369
Goodwill 842,821 842,821
Brand name and other intangible asset, net 2,263,434 2,313,434
Property, plant and equipment, net 10,646,442 11,039,173
 ----------- -----------

Total assets 50,048,178 47,518,615
 =========== ===========

Liabilities and shareholders' equity
------------------------------------

Current liabilities
Bank overdraft 352,642 459,710
Notes payable 2,693,156 3,736,526
Accounts payable 8,677,694 5,354,326
Accrued charges and deposits 2,301,772 2,357,132
Short-term loans 4,056,729 3,576,366
Income tax liabilities 754,673 814,374
Current portion of capital lease obligations 95,725 95,725
 ----------- -----------
Total current liabilities 18,932,391 16,394,159

Capital lease obligations, net of current portion 35,327 59,258
Deferred income tax liabilities 13,901 13,901
 ----------- -----------
Total Liabilities 18,981,619 16,467,318
 ----------- -----------

Shareholders' equity
--------------------

Common stock par value $0.003 per share
- authorized shares - 23,333,334
- issued and outstanding shares : June & March 2007 - 5,577,639 16,729 16,729
Additional paid-in capital 21,764,788 21,764,788
Retained earnings 9,827,186 9,584,181
Accumulated other comprehensive income 786,416 1,014,159
Common stock held at treasury stock (260,717 shares) (1,328,560) (1,328,560)
 ----------- -----------

Total shareholders' equity 31,066,559 31,051,297
 ----------- -----------

Total liabilities and shareholders' equity 50,048,178 47,518,615
 =========== ===========


 3

 BONSO ELECTRONICS INTERNATIONAL INC.
 CONSOLIDATED INCOME STATEMENT
 (In Thousands of U.S. Dollars)

 Three months ended June 30
 2007 2006
 ---- ----
 (Unaudited) (Unaudited)

Net sales 16,102 16,121
Cost of sales (13,025) (12,843)

Gross margin 3,077 3,278

Selling expenses 598 527
Salaries and related costs 1,426 1,319
Research and development expenses 105 111
Administration and general expenses 854 748
Amortization of brand name 50 50

Income from operations 44 523
Interest Income 31 48
Other income 92 56
Interest Expenses (134) (117)
Foreign exchange gains (Loss) 211 (30)


Income/(loss) before income taxes 244 480

Income tax expense (1) (22)

Net income/(loss) before minority interest 243 458


Net income/(loss) 243 458
 ========== ==========

Earnings per share (in U.S.Dollars per share)
 Basic 0.044 0.082
 Diluted 0.043 0.081

Weighted average shares (Basic) 5,577,639 5,577,639
Adjusted weighted average shares (diluted) 5,646,810 5,667,085





 4

Results of Operations

Three Month Period ended June 30, 2007 compared to the Three Month Period ended June 30, 2006

Net Sales. Our sales decreased 0.12% from $16,121,239 for the three month period ended June 30, 2006 to $16,101,978 for the three month period ended June 30, 2007, primarily as a result of sales drop of scales products. Sales of our scales and others business was down of 19.1% from $11,658,747 for the period ended June 30, 2006 to $9,435,834 for the period ended June 30, 2007, and sales for telecommunications products were up 49.4% from $4,462,492 for the three month period ended June 30, 2006 to $6,666,144 for the three month period ended June 30, 2007.

Gross Margin. Gross margin as a percentage of revenue declined to 19.1% during the three-month period ended June 30, 2007 as compared to 20.3% during the same period in the prior year. This decline was primarily the result of increased costs of materials and labor.

Selling Expenses. Selling expenses increased by 13.6% from $526,841 for the three month period ended June 30, 2006 to $598,269 for the three month period ended June 30, 2007. This increase was attributable primarily to increased transportation costs of our finished goods to customers. As a percentage of revenue selling expenses increased to 3.7% during the period ended June 30, 2007 as compared to 3.3% during the prior year.

Salaries And Related Costs. Salaries and related costs increased by 8.1% from $1,319,096 for the three month period ended June 30, 2006 to $1,425,735 for the three month period ended June 30, 2007. The increase was primarily caused by an increase in salaries.

Research And Development. Research and development expenses decreased 5.6% from $110,816 for the period ended June 30, 2006 to $104,637 for the three month period ended June 30, 2007 due to decreased research and development activities for telecommunications products and new scale models. Research and Development as a percentage of revenue was 0.7% during the three month periods ended June 30, 2007 and June 30, 2006.

Administration And General Expenses. Administration and general expenses increased by 14.2% from $747,799 for the period ended June 30, 2006 to $854,160 for the period ended June 30, 2007. This increase was primarily due to increases in repair and maintenance cost.

Amortization Of Brand Names. We amortized approximately $50,000 relating to the brand names acquired upon the acquisitions of Korona and Gram Precision during the three month periods ending June 30, 2007 and June 30, 2006. Brand names are amortized using the straight-line method over the related estimated useful life of 15 years.

Income From Operations. As a result of the above changes, income from operations decreased $478,734 or 91.5% from profit of $523,178 for the three month period ended June 30, 2006 to $44,444 for the three-month period ended June 30, 2007.

Interest Income. Interest income decreased $16,875 or 35% from $48,187 for the three month period ended June 30, 2006 to $31,315 for the three month period ended June 30, 2007. This decrease was the result of a decreased cash balance in our interest bearing bank accounts.

Other Income. Other income increased $36,340 or 65.1% from $55,821 for the three month period ended June 30, 2006 to $92,161 for the three month period ended June 30, 2007. The increase was primarily due to increased compensation received from vendors for defective raw materials.

Interest Expenses. Interest expenses increased $16,535 or 14.1% from $117,324 for the three month period ended June 30, 2006 to $133,859 for the three month period ended June 30, 2007. This increase was primarily due to an increase in interest rates on funds borrowed from the bank.

Foreign Exchange Losses/Gains. Foreign exchange gain increased from a loss of $30,294 for the three month period ended June 30, 2006 to a gain of $210,844 for the three month period ended June 30, 2007. The increase was primarily attributable to the increased strength of the Canadian Dollars & RMB against the U.S. Dollar.

Net Income. As a result of the above changes, net income decreased from $457,776 for the three month period ended June 30, 2006 to $243,583 for the three month period ended June 30, 2007, an decrease of $214,193, or 46.8%.

Liquidity and Capital Resources

We have financed our growth and cash needs to date primarily from internally generated funds and bank debt. Our primary uses of cash have been to fund expansions and upgrades of our manufacturing facilities and to fund increases in inventory.

As of June 30, 2007 we had $8,779,578 in cash and cash equivalents as compared to $8,118,018 as of March 31, 2007. Working capital at June 30, 2007 was $17,275,721 compared to $16,841,659 at March 31, 2007.

We believe that our cash flows from operations, our current cash balance and funds available under our working capital and credit facilities will be sufficient to meet our working capital needs and planned capital expenditures in the foreseeable future.

Stock Repurchase Program

On September 19, 2007, the Company's Board of Directors authorized a new program (the "New Share Repurchase Program") for the Company to repurchase up to $1,500,000 of its common stock. The New Share Repurchase Program does not obligate the Company to acquire any specific number of shares or acquire shares over any specified period of time. No shares were purchased under the New Share Repurchase Program in the first quarter of fiscal 2008 and the Company may, from time to time, repurchase shares of its Common Stock under this program. The Company had previously authorized a program for the Company to repurchase up to $1,500,000 of its common stock and under this plan 260,717 shares valued at $1,328,560 were purchased under this program. This authorization to repurchase shares under the new plan increases the aggregate amount available for repurchase under the New Share Repurchase Program and the previous program to $1,671,440.

Section 404 Compliance

On December 15, 2006, the Securities and Exchange Commission ("the SEC") advised that the SEC was extending further the dates that were published on September 29, 2005, to postpone the compliance date for filing internal control reports by companies not designated as accelerated filers. Under this revised compliance schedule, the Company will be required to include an internal control report of management with the annual report on Form 20-F beginning with the fiscal year ending March 31, 2008 (unless otherwise extended by the SEC). Further, the Company will not be required to file the auditor's attestation report on internal control over financial reporting until it files it annual report for the fiscal year ending March 31, 2009 (unless otherwise extended by the SEC).

Date: November 16, 2007 By: /s/ Henry F. Schlueter
 -----------------------------------
 Henry F. Schlueter, Assistant Secretary

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