KEE SHING<0174> - Results Announcement

Kee Shing (Holdings) Limited announced on 30/3/2000:
(stock code: 174)
Year end date: 31/12/1999
Currency: HKD                                               (Audited)
                                           (Audited)        Last
                                           Current          Corresponding
                                           Period           Period
                                           from 1/1/1999    from 1/1/1998
                                           to 31/12/1999    to 31/12/1998

Turnover
    - Continuing                         : 1,223,055,000    1,826,177,000
    - Discontinued                       : -                -
Operating Profit/(Loss)
    - Continuing                         : 85,669,000       82,050,000
    - Discontinued                       : -                -
Total Operating Profit/(Loss)            : 85,669,000       82,050,000
Share of Profit/(Loss) of
  Associated Companies                   : -                -
Share of Profit/(Loss) of
  Jointly Controlled Entities            : -                -
Profit/(Loss) after Tax & MI             : 78,032,000       69,508,000
% Change over Last Period                : +12.3%
EPS/(LPS)-Basic                          : 17.5 cents       15.6 cents
         -Diluted                        : -                -
Extraordinary (ETD) Gain/(Loss)          : -                -
Profit/(Loss) after ETD Items            : 78,032,000       69,508,000
Final Dividend per Share                 : 4.0 cents        3.5 cents
(Specify if with other options)          : -                -
B/C Dates for Final Dividend             : 18/5/2000 to 23/5/2000 bdi.
Payable Date                             : 22/6/2000
B/C Dates for Annual General Meeting     : 18/5/2000 to 23/5/2000 bdi.
Other Distribution for Current Period    : NIL
B/C Dates for Other Distribution         : -

Remark:

The calculation of earnings per share is based on the profit attributable 
to shareholders of HK$78,032,000 (1998: HK$69,508,000) and on the 
445,500,000 (1998: 445,500,000) shares in issue during the year.