SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

Form 10-Q/A

(X) QUARTERLY REPORT UNDER SECTION 13 OR 15(D) OF 
THE SECURITIES EXCHANGE ACT OF 1934

For the Quarterly Period Ended September 30, 1995

( ) TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES 
EXCHANGE ACT OF 1934

Commission File Number: 33-3272-W

LOTUS PACIFIC, INC.
(Exact name of registrant as specified in its charter)

________Delaware____    ______52-1947160___________
(State of Incorporation (I.R.S. Employer Identification Number)

235 Route 22 East, Greenbrook, New Jersey 08812
(Address of principal executive offices)

(908) 752-5899
(Registrant's telephone number, including area code)

   Indicate by check mark whether the Registrant (1) has filed all
reports required to be filed by Section 13or 15(d) of the Securities
Exchange Act of 1934 during the proceeding 12 months (or for such 
shorter period that the Registrant was required to file such reports),
and (2) has been subject to such filing requirements for the past 90 days.

(1)    Yes     __X__     No    _____

(2)    Yes     __X__     No    _____

As of September 30, 1995, the Registrant had outstanding 26,937,054 shares
of Common Stock, par value $.001 per share and 4,300 shares of Series A 
Preferred Stock.



Signature

Pursuant to the requirements of Section 12 of the Securities Exchange Act of
1934, the registrant had duly caused this registration statement to be
signed on its behalf by the undersigned, thereto duly authorized.

Date: January 18, 1996

Lotus Pacific, Inc.

Tom Gong

Vice President & Treasurer