UNITED STATES
                        SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                                  FORM 10-QSB/A

                                  ------------

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

                  For the Quarterly Period Ended March 31, 1997

                                       OR

                 { } TRANSITION REPORT UNDER SECTION 13 OR 15(d)
                               OF THE EXCHANGE ACT

                         Commission File Number 0-22388

                               EIF HOLDINGS, INC.
        -----------------------------------------------------------------
        (Exact name of small business issuer as specified in its charter)


               HAWAII                                99-0273889
   -------------------------------              -------------------
   (State or other jurisdiction of               (I.R.S. Employer
    incorporation or organization)              Identification No.)


                           15201 Pipeline Lane, Ste. B
                       Huntington Beach, California 92649
                    ----------------------------------------
                    (Address of principal executive offices)

                                 (714) 897-9000
                           ---------------------------
                           (Issuer's telephone number)

                                 Not applicable
--------------------------------------------------------------------------------
(Former name,former address and former fiscal year if changed since last report)

Check whether the issuer(1) filed all reports required to be filed by Section 13
or 15(d) of the  Exchange  Act during  the past 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.

                            Yes        No   X
                                -----     -----

State the number of shares outstanding of each of the issuer's classes of common
equity, as the latest practicable date.

               Class                             Outstanding at August 12, 1997
               -----                             ------------------------------
     Common stock, no par value                           24,618,201


Transitional Small Business Disclosure Format (Check one):

Yes     ; No  X 
   -----    -----

                                  Page 1 of 13
<PAGE>
This form 10-QSB/A,  Amendment  Number 1, amends and supplements the form 10-QSB
(the  "Original  Form 10-QSB")  filed by EIF Holdings,  Inc. on August 26, 1997.
This Amendment  Number 1 is to amend and restate Part I: Item 1 and Item 2, Part
II Item 1,  Item 5, Item 6 and  Exhibit  27 of the  Original  Form  10-QSB.  The
Original  Form 10-QSB is hereby  amended and restated to read in its entirety as
follows.  This Form 10-QSB/A  should also be read in conjunction  with all prior
and  subsequent  filings with the  Securities  and Exchange  Commission  for the
current fiscal year which disclose significant developments.


                                EIF HOLDINGS INC.

                                Table of Contents

PART I.  FINANCIAL INFORMATION                                              Page

Item 1.  Financial Statements (Unaudited)

         Consolidated Balance Sheets as of March 31, 1997
           and September 30, 1996............................................ 3

         Consolidated Statements of Operations for the Three and Six
           Months Ended March 31, 1997 and 1996.............................. 4

         Consolidated Statements of Cash Flows for the Six
           Months Ended March 31, 1997 and 1996.............................. 5

         Notes to Consolidated Interim Financial Statements.................. 6

Item 2.  Management's Discussion and analysis of Financial condition and
           Results of Operations............................................. 7


PART II. OTHER INFORMATION                                                   

Item 1.  Legal Proceedings...................................................10 

Item 5.  Other Information...................................................10

Item 6.  Exhibits and Reports on Form 8-K....................................10

         Signatures..........................................................11

                                  Page 2 of 13
<PAGE>

PART I. FINANCIAL INFORMATION

PART 1. FINANCIAL STATEMENTS


                               EIF HOLDINGS, INC.
                           CONSOLIDATED BALANCE SHEETS


                                                     March 31,    September 30,
                                                       1997            1996
                                                   ------------    ------------
                                                    (Unaudited)      (Audited)
          ASSETS
Current assets:
   Cash........................................... $     60,665    $    178,231
   Accounts receivable, net.......................    5,636,830       7,299,059
   Costs and estimated earnings on contracts 
    in progress in excess of billings.............       20,222         326,343
   Supplies inventory.............................      569,353         478,370
   Prepaid assets.................................      431,531          85,816
                                                   ------------    ------------
        Total current assets......................    6,718,601       8,367,819

Machinery and equipment, net......................    1,304,596       1,275,087

Other noncurrent assets:
   Goodwill.......................................      777,849         881,680
   Other assets...................................         --            50,917
                                                   ------------    ------------
                                                        777,849         932,597
                                                   ------------    ------------
   Total assets................................... $  8,801,046    $ 10,575,503
                                                   ============    ============

          LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities
  Accounts payable and accrued expenses........... $  9,228,517    $  6,428,112
  Notes payable...................................    2,941,887       1,856,751
  Billings in excess of costs and estimated
   earnings on contracts in progress..............         --           737,476
  Unearned Revenue................................      400,000            --
  Note payable due to shareholder.................    7,180,642       4,908,317
  Reserve for contingencies.......................    1,049,400            --
  Current maturities of long-term debt............         --           144,311
                                                   ------------    ------------
                                                     20,800,446      14,074,967

Long term debt...................................          --            73,882

Stockholders' deficit
  Common stock...................................     3,019,246       3,019,246
  Additional paid-in capital.....................       804,696         804,696
  Accumulated deficit............................   (15,823,342)     (7,397,288)
                                                   ------------    ------------
        Total stockholders' deficit..............   (11,999,400)     (3,573,346)
                                                   ------------    ------------
   Total liabilities and stockholders' deficit...  $  8,801,046    $ 10,575,503
                                                   ============    ============

The  balance  sheet at  September  30,  1996 has been  derived  from the audited
financial  statements  at that date but does not include all of the  information
and footnotes required by generally accepted accounting  principles for complete
financial statement presentation.

The  accompanying  notes are an integral  part of these  consolidated  financial
statements.

 
                                  Page 3 of 13
<PAGE>


                               EIF HOLDINGS, INC.
                      CONSOLIDATED STATEMENTS OF OPERATIONS
                                   (UNAUDITED)

                                                        Three Months ended
                                                             March 31,
                                                   ----------------------------
                                                       1997             1996
                                                   ------------    ------------

Contract revenue.................................. $  5,131,154    $  5,018,611

Cost of contract revenue..........................    3,596,158       3,526,334
                                                   ------------    ------------
 Gross profit.....................................    1,534,996       1,492,277

Selling, general and administrative expenses......    2,938,042       2,909,575
                                                   ------------    ------------
                                                     (1,403,046)     (1,417,298)
Other:
 Other income (expense)...........................         --              --
 Interest Expense.................................      355,988         107,773
                                                   ------------    ------------
 Loss before provision (benefit)for income taxes..   (1,759,035)     (1,525,071)

Income tax provision (benefit)....................         --            (3,000)
                                                   ------------    ------------
Net loss.......................................... $ (1,759,035)   $ (1,522,071)
                                                   ============    ============

Net loss per share................................ $      (0.07)   $      (0.07)
                                                   ============    ============

Weighted average number of common
  shares outstanding..............................   24,618,201      20,991,827
                                                   ============    ============


                                                         Six Months ended
                                                             March 31,
                                                   ----------------------------
                                                       1997             1996
                                                   ------------    ------------

Contract revenue.................................. $ 11,495,584    $ 11,296,671

Cost of contract revenue..........................   11,964,368       7,720,047
                                                   ------------    ------------
 Gross profit.....................................     (468,784)      3,576,624

Selling, general and administrative...............    7,214,253       5,235,668
                                                   ------------    ------------
                                                     (7,683,037)     (1,659,044)
Other:
 Other income (expense)...........................         --            51,031
 Interest Expense.................................      743,016         209,277
                                                   ------------    ------------
 Loss before provision (benefit)for income taxes..   (8,426,053)     (1,817,290)

Income tax provision (benefit)....................         --              --
                                                   ------------    ------------
Net loss.......................................... $ (8,426,053)   $ (1,817,290)
                                                   ============    ============

Net loss per share................................ $      (0.34)   $      (0.10)
                                                   ============    ============

Weighted average number of common
  shares outstanding..............................   24,618,201      17,787,600
                                                   ============    ============

The  accompanying  notes are an integral  part of these  consolidated  financial
statements.

                                     Page 4 of 13
<PAGE>

                               EIF HOLDINGS, INC.
                       CONSOLIDATED STATEMENTS OF CASH FLOWS
                                   (UNAUDITED)

                                                        Six Months ended
                                                            March 31,
                                                   ----------------------------
                                                       1997           1996
                                                   ------------    ------------

Net cash used in operating activities............. $ (3,059,161)    $  (810,105)

Cash flow from investing activities
    Purchase of machinery and equipment...........     (197,673)           --
                                                   ------------    ------------

Net cash used in investing activities.............     (197,673)           --

Cash flow from financing activities
   Net advances (payment) on notes payable........      940,825       1,000,141
   Net advances on notes due to shareholder.......    2,272,325            --
   Proceeds from sale of common stock.............         --         1,000,000
   Net payments on long-term debt.................      (73,882)     (1,054,139)
   Increase in outstanding checks payable.........         --            50,107
                                                   ------------    ------------

Net cash provided by financing activities.........    3,139,268         996,109
                                                   ------------     -----------

Net (decrease) increase in cash...................     (117,566)        186,004

Cash, beginning of period.........................      178,231          70,775
                                                   ------------    ------------

Cash, end of period............................... $     60,665    $    256,779
                                                   ============    ============



SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES

During the six months ended March 31,  1996,  the Company  acquired  $150,212 of
                machinery and equipment under capitalized leases.


The  accompanying  notes are an integral  part of these  consolidated  financial
statements.

                                  Page 5 of 13
<PAGE>

                               EIF HOLDINGS, INC.
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                                   (UNAUDITED)


NOTE 1 - BASIS OF PRESENTATION 

The accompanying  unaudited interim consolidated  financial statements have been
prepared by EIF Holdings,  Inc., (the  "Company"),  in accordance with generally
accepted  accounting  principles pursuant to Regulation SB of the Securities and
Exchange  Commission.  Certain  information  and footnote  disclosures  normally
included in audited financial  statements  prepared in accordance with generally
accepted  accounting  principles  have been  condensed or omitted.  Accordingly,
these interim  consolidated  financial  statements should be read in conjunction
with the  Company's  consolidated  financial  statements  and  related  notes as
contained in Form 10KSB for the year ended September 30, 1996. In the opinion of
management,   the  interim   consolidated   financial   statements  reflect  all
adjustments,   including  normal  recurring  adjustments,   necessary  for  fair
presentation of the interim periods presented. The results of operations for the
three month period ended are not necessarily indicative of results of operations
to be expected for the full year.

The accompanying  consolidated  financial statements include the accounts of the
Company and its wholly-owned subsidiaries;  P.W. Stephens Contractors, Inc., QHI
Stephens Contractors,  Inc. and P.W. Stephens Residential,  Inc.,  (collectively
referred  to as "P.W.  Stephens"),  P.W.  Stephens  Contractors,  Inc.  and P.W.
Stephens  Services,  Inc.,  formerly  known as  VonGuard  Holdings,  Inc.,  (now
collectively referred to as "P.W. Stephens St. Louis") and Kelar Controls, Inc.,
("Kelar").

Net Loss  Per  Share  Information.  The net loss per  share  amounts  have  been
computed by dividing net loss by the  weighted-average  number of common  shares
outstanding during the respective periods.

In February 1997, The Financial  Accounting Standards Board Issued Statement No.
128,  Earnings Per Share,  which is required to be adopted on December 31, 1997.
At that time,  the Company will be required to change the method  currently used
to compute  earnings per share and to restate all prior  periods.  Under the new
requirements for calculating  primary earnings per share, the dilutive effect of
stock options will be excluded.  The impact of statement 128 on the  calculation
of fully diluted earnings per share is not expected to be material.

Note 2 - RESTATEMENT OF PREVIOUSLY FILED 10-QSB

During  the first  quarter,  the  Company  began a  conversion  of its  computer
accounting system to a new software application.  The initial conversion efforts
failed and it took the Company  approximately six months to resolve the problems
and complete the  conversion.  In September  1997, the Company  determined  that
beginning in the quarter  ended  December  31, 1996,  as a result of the initial
failed system conversion  attempt, it had inadvertently  under-recorded  certain
accounts  payable  and  accrued  liabilities  primarily  related  to direct  and
indirect  contract  service  costs.  The Company  also  determined  that certain
contingencies should have been recognized in quarters one and two. These factors
resulted in an  understatement  of the Company's  liabilities,  direct costs and
operating  expenses as of and for the quarters ended December 31, 1996 and March
31, 1997.  Accordingly,  the Company has restated its financial  statements  for
these two quarters.

NOTE 3 - TRANSACTIONS WITH SHAREHOLDER

During 1996, the Company entered into a line of credit with a major shareholder,
American Eco Corp.  (AEC). The line of Credit carries a maximum borrowing amount
of  $5,250,000,  interest at the prime rate plus 2% per annum,  is unsecured and
matures on July 31, 1997. See Item 2.,  Management's  Discussion and Analysis of
Financial Condition, Liquidity and Capital Resources, for further discussion.

Pursuant to an agreement dated October 1, 1996 between AEC and the Company.  AEC
has  agreed to  provide  certain  services  to the  Company  in  exchange  for a
management fee to be paid on a quarterly basis.  The services include  providing
the Company  with  management  guidance as well as  guaranteeing  certain of the
Company's  obligations  with its  creditors,  in order to allow the  Company  to
receive  favorable  terms from these  creditors.  The  agreement  provides for a
quarterly payment of $1,000,000. 

NOTE 4 - NOTES PAYABLE

On  December 1, 1996 the  Company  borrowed  $300,000  under a  promissory  note
payable to an investor group.  The terms of the note, which matures on March 13,
1997,  provide for an interest  rate of 12% per annum.  In  connection  with the
note,  the Company  committed to issue  150,000  warrants to purchase the common
stock of the  Company  subject to  shareholder  approval  of an  increase in the
authorized number of outstanding  shares.  The Company is currently  negotiating
with the investor group an amendment and extension to the note. 

On September 30, 1996 the Company  obtained a $1,300,000 line of credit facility
from an investor group.  The terms of the revolving  credit facility provide for
an  interest  rate of 10% per annum and  matures  on March 1,  1998.  During the
current quarter the Company  borrowed  $660,000 under the credit  facility.  The
outstanding balance under the facility as of March 31, 1997 was $1,030,000. 

NOTE 5 - RESERVE FOR CONTINGENCIES

See Part II, Item 1.  Legal Proceedings.

                                  Page 6 of 13
<PAGE>

ITEM 2. Management's  Discussion and Analysis of Financial Condition and Results
        of Operations

                             Results of Operations


                       Three Months Ended March 31, 1997
                                     Versus
                       Three Months Ended March 31, 1996

Revenue:

Revenue for the three months ended March 31, 1997  increased  2.2% to $5,131,000
from  5,019,000  for the same  period in 1996.  The  increase in revenue was the
combined  result of an  increase  in  revenue  from P.W.  Stephens  and Kelar of
$424,000 or 13.1% and $69,000 or 13.2% respectively offset by a (29.1%) decrease
in revenue  from P.W.  Stephens  St.Louis  of  ($372,000).  The  revenue for the
quarter was effected by normal  fluctuations  in the Company  being  awarded new
contracts and the timing of the  commencement  of new work.  Kelar's revenue was
also affected by the  recognition in the current  quarter of additional  revenue
from a large  ongoing  energy  savings  contract  compared to the same period in
1996. In addition,  P.W. Stephens St. Louis was impacted by a larger than normal
decrease  in bid  opportunities in its union  services  markets  in the  current
quarter, which is not a trend the Company expects to continue.


Gross Profit:

Gross Profit as a  percentage  of revenue for the three month period ended March
31, 1997 was 29.9%  compared to 29.7% for the same period in 1996.  The increase
in the gross profit  margin was the combined  result of P.W.  Stephens St. Louis
which  achieved a gross profit of 30.8%  compared to 9.5% during the three month
periods  ended March 31, 1997 and 1996  respectively  resulting  from  operating
efficiencies recognized from the consolidation of branches which occurred in the
spring of 1996. In addition, Kelar's gross profit margin for the current quarter
was 79.0%  compared to 42.1% for the same  period in the prior year.  This gross
profit percentage  includes revenue from shared energy savings  contracts.  Once
initial work is completed and expensed,  these projects  produce ongoing revenue
while  incurring  minimal  costs.  The increase in Kelar's  gross profit  margin
reflects the timing of the initial work performed. The increases in gross margin
was offset by P.W. Stephens which had a gross margin of 21.7% during the quarter
ended  March  31,  1997,  compared  to 32.5% for the same  period  in 1996.  The
decrease in gross profit  margin  reflects the effects of  continuing  losses on
several large commercial asbestos jobs.

Selling, general and administrative expenses:

Selling,  general and administrative  expenses (SG&A) for the three months ended
March 31, 1997  increased to $2,938,000  from  $2,909,000 for the same period in
1996.  The  increase  in SG&A  expenses  is the  combined  result of  additional
management fees incurred during the period of $1,000,000 offset by a decrease in
P.W. Stephens' SG&A resulting from the cost containment  initiatives implemented
during the current period.

Other Expenses

Interest  expense  during the three months  ended March 31,  1997,  was $356,000
compared to $108,000  for the same period in 1996. The increase was pimarily the
combined result of the additional  amounts  outstanding under the line of credit
from  its  principal   shareholder,   American  Eco  Corporation  and  from  the
utilization of factoring arrangements.

Net Loss

The net loss for the three months ended March 31, 1997 increased to ($1,759,000)
compared to a net loss of  ($1,522,000)  during the same period in 1996.  Losses
during the current period  primarily  reflect the combined result of an increase
in interest  expense and the additional  management fees incurred in the current
period.

                                  Page 7 of 13
<PAGE>
                        Six Months Ended March 31, 1997
                                     Versus
                        Six Months Ended March 31, 1996

Revenue:

Revenue for the six months ended March 31, 1997  increased  1.7% to  $11,496,000
from  11,297,000  for the same period in 1996.  The  increase in revenue was the
combined result of a 1.5% increase in revenue from P.W. Stephens of $118,000 and
a 2.6% increase from P.W. Stephens St. Louis of 74,000.  Kelar's revenue for the
six months ending March 31, 1997 of $792,000  remained  consistent with the same
period in the prior year.  The  increase in revenue for P.W.  Stephens  and P.W.
Stephens  St.  Louis was  result of normal  fluctuations  in being  awarded  new
contracts and the timing of the commencement of new work.

Gross Profit:

Gross profit as a percentage of revenue for the six month period ended March 31,
1997 was a negative  (4.1)%  compared to a positive 31.7% for the same period in
1996. The decrease in the gross profit margin was primarily due to P.W. Stephens
which had a negative  gross margin of (21.7)%  during the six month period ended
March 31, 1997,  compared to a positive  38.3% for the same period in 1996.  The
decrease in gross profit  margin  reflects the impact of several large jobs that
experienced  significant  losses. As a partial offset to P.W. Stephens' decrease
in gross  profit,  P.W.  Stephens  St.  Louis  achieved a gross  profit of 23.6%
compared  to 14.3%  during the six month  periods  ended March 31, 1996 and 1995
respectively resulting from the recognition of increased operating efficiencies.
Kelar's  gross profit for the six months ended March 31, 1997,  was 68.0%.  This
gross profit percentage  includes revenue from shared energy savings  contracts.
Once initial work is completed  and expensed,  these  projects  produce  ongoing
revenue while incurring minimal costs.

Selling, general and administrative expenses:

Selling,  general and  administrative  expenses  (SG&A) for the six months ended
March 31, 1997  increased to $7,214,000  from  $5,236,000 for the same period in
1996.  The increase in SG&A expenses is the combined  result of management  fees
incurred  during the six month period of  $2,000,000,  an increase in litigation
and contingency reserves of $1,049,000 and an increase in the reserves for trade
receivables  of $220,000. Without the impact of these items,  the Company's SG&A
expenses as a percentage of revenue has decreased to 36.1% from 46.3%  primarily
resulting  from the cost  containment  initiatives  implemented  by P.W Stephens
during the period.

Other Expenses

Interest  expense  during the six months  ended  March 31,  1997,  was  $743,000
compared to $209,000 for the same period in 1996. The increase was primarily the
combined result of the additional  amounts  outstanding under the line of credit
from its principal shareholder,  American Eco Corporation and the utilization of
factoring arrangements.

Net Loss

The net loss for the six months ended March 31, 1997  increased to  ($8,426,000)
compared to a net loss of  ($1,817,000)  during the same period in 1996.  Losses
during the current  period  reflect the combined  result of  significant  losses
relating  to several large jobs,  the  management  fees  incurred in the current
six month period and the increase in litigation and contingency reserves.

                                  Page 8 of 13
<PAGE>

Liquidity and Capital Resources:

The Company's borrowings from American Eco Corp. (AEC) remained its major source
of  capital.  The  balance  due to AEC as of March 31,  1997 was  $7,181,000  an
increase of $2,272,000 from the September 30, 1996 fiscal year end balance.  The
original terms of the AEC facility  provided for a maximum  borrowing  amount of
$5,250,000. Discussions are continuing regarding a potential exchange of the AEC
credit line for additional  shares of the Company's common stock. In conjunction
with those discussions, AEC has allowed the outstanding borrowings to exceed the
maximum amount of the facility. Prior to any exchange of part or all of the line
of credit to common stock,  the terms of the exchange must be negotiated and the
Company must receive  shareholder  approval to increase its authorized number of
outstanding shares. There is no assurance that this can be achieved.

The Company utilized  factoring  arrangements as a source of cash during the six
months ended March 31, 1997. P.W.  Stephens and P.W. Stephens St. Louis factored
contract  receivables in the amount of $1,903,000  and  $2,712,000  respectively
during the period.  Under the  factoring  arrangement,  P.W.  Stephens  and P.W.
Stephens  St.  Louis  are  advanced  65%  of the  face  amount  of the  factored
receivables and incur annualized effective interest of approximately 28%.

During the six months ended March 31, 1997, the Company borrowed  $300,000 under
a promissory  note payable to an investor  group.  The terms of the note provide
for an interest rate of 12% per annum and matured on March 13, 1997. The Company
is currently  negotiating  with the investor  group to extend the  maturity.  In
connection  with the note,  the Company  committed to issue 150,000  warrants to
purchase the common stock of the Company  subject to shareholder  approval of an
increase in the authorized number of outstanding shares.

The Company also borrowed an additional $660,000 in the current quarter from its
existing  revolving  credit  facility with an investor  group.  The terms of the
$1,300,000  revolving  credit  facility  provide for an interest rate of 10% per
annum and matures on March 1, 1997. The total borrowing amount outstanding as of
March 31, 1997 was $1,030,000.

Neither the Company nor any of its subsidiaries  have a bank line of credit from
which  to  borrow.  As  part of the  management  agreement  between  AEC and the
Company,  AEC has agreed to assist the Company in obtaining favorable financing,
including  but not limited to providing any  necessary  guarantees.  There is no
assurance that financing can be obtained. 

                                  Page 9 of 13
<PAGE>  
PART II.  OTHER INFORMATION

ITEM 1.   LEGAL PROCEEDINGS

The nature and scope of the Company's business  operations bring it into regular
contact  with the  general  public,  a  variety  of  businesses  and  government
agencies.  These  activities  inherently  subject  the Company to the hazards of
litigation,  which are defended in the normal course of business. The Company is
currently  involved  in  several   litigations  and   investigations   including
regulatory  compliance.  Although  the  outcome of these  claims is not  clearly
determinable at the present time,  Management believes that such proceedings are
either adequately covered by insurance, or if uninsured, by the estimated losses
it has recorded to date.  The resolution of such claims,  however,  could have a
material  effect on the  Company's  results of  operations  or cash  flows.  The
reserves for  litigation and  contingencies  recorded by the Company as of March
31, 1997 total $1,049,400.

ITEM 5.   OTHER INFORMATION

None

ITEM 6.   EXHIBITS AND REPORTS ON FORM 8-K
          
(a)   EXHIBITS

      Exhibit 27.     Financial Data Schedule

(b)   REPORTS ON FORM 8-K

      No reports on Form 8-K were filed during the quarter ended 
      March 31, 1997.


                                  Page 10 of 13
<PAGE>


                                   SIGNATURES

In accordance with the  requirements of the Exchange Act, the Registrant  caused
this  report  to be  signed  on its  behalf  by the  undersigned,  thereto  duly
authorized.

                                    EIF HOLDINGS, INC.
                                    ------------------
                                    Registrant


January 13, 1998                 By: /S/ J. Drennan Lowell
                                    -----------------------------
                                    J. Drennan Lowell
                                    Vice President, Chief Financial Officer,
                                    Treasurer and Secretary



                                  Page 11 of 13
<PAGE>

                               EIF HOLDINGS, INC.

                                 EXHIBIT INDEX


         Exhibit           Description                                     Page
         -------           -----------                                     ----

         27                Financial Data Schedule........................  13


           
                                  Page 12 of 13