<ARTICLE> 5
<CIK> 0000789945
<NAME> LOTUS PACIFIC, INC.
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          JUN-30-1997
<PERIOD-END>                               SEP-30-1996
<CASH>                                          215560
<SECURITIES>                                         0
<RECEIVABLES>                                        0
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                215560
<PP&E>                                               0
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                                  387955
<CURRENT-LIABILITIES>                                0
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          4
<COMMON>                                         26937
<OTHER-SE>                                           0
<TOTAL-LIABILITY-AND-EQUITY>                    387955
<SALES>                                              0
<TOTAL-REVENUES>                                   834
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                                    834
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                                834
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                       834
<EPS-PRIMARY>                                        0
<EPS-DILUTED>                                        0