KEE SHING<0174> - Results Announcement

Kee Shing (Holdings) Limited announced on 17/8/1999:
(stock code: 174)
Year end date: 31/12/1999
Currency: HK$
                                                            Last
                                           Current          Corresponding
                                           Period           Period
                                           from 1/1/1999    from 1/1/1998
                                           to 30/6/1999     to 30/6/1998

Turnover                                 : 735,631,000      891,775,000
Profit-Continuing Operations
    - Operating Profit/(Loss)            : 52,712,000       31,237,000
    - Exceptional Items                  : -                -
    - Discontinued Operations            : -                -
Total Operating Profit/(Loss)            : 52,712,000       31,237,000
Share of Profit/(Loss) of
  Associated Companies                   : -                -
Profit/(Loss) after Tax & MI             : 46,803,000       25,215,000
% Change over Last Period                : +85.6%
EPS/(LPS)-Basic                          : 10.5 cents       5.7 cents
         -Diluted                        : -                -
Extraordinary (ETD) Gain/(Loss)          : -                -
Profit/(Loss) after ETD Items            : 46,803,000       25,215,000
Interim Dividend per Share               : 2.5 cents        2.5 cents
(Specify if with other options)          : -                -
B/C Dates for Interim Dividend           : 6/9/1999 to 9/9/1999 bdi.
Payable Date                             : 15/9/1999
B/C Dates for (-) General Meeting        : -
Other Distribution for Current Period    : -
B/C Dates for Other Distribution         : -                

Remark:

The EPS is based on the 445,500,000 (1998: 445,500,000) shares in issue.