KEE SHING<0174> - Results Announcement

Kee Shing (Holdings) Limited announced on 23/8/2000:
(stock code: 174)
Year end date: 31/12/2000
Currency: HKD                                               (Unaudited)
                                           (Unaudited)      Last
                                           Current          Corresponding
                                           Period           Period
                                           from 1/1/2000    from 1/1/1999
                                           to 30/6/2000     to 30/6/1999

Turnover
    - Continuing                         : 537,902,000      735,631,000
    - Discontinued                       : -                -
Operating Profit/(Loss)
    - Continuing                         : 26,290,000       52,712,000
    - Discontinued                       : -                -
Total Operating Profit/(Loss)            : 26,290,000       52,712,000
Share of Profit/(Loss) of
  Associated Companies                   : (771,000)        -
Share of Profit/(Loss) of
  Jointly Controlled Entities            : -                -
Profit/(Loss) after Tax & MI             : 21,908,000       46,803,000
% Change over Last Period                : -53.2%
EPS/(LPS)-Basic                          : 4.9 cents        10.5 cents
         -Diluted                        : -                -
Extraordinary (ETD) Gain/(Loss)          : -                -
Profit/(Loss) after ETD Items            : 21,908,000       46,803,000
Interim Dividend per Share               : 2.0 cents        2.5 cents
(Specify if with other options)          : -                -
B/C Dates for Interim Dividend           : 11/9/2000 to 15/9/2000 bdi.
Payable Date                             : 25/9/2000
B/C Dates for (-) General Meeting        : -
Other Distribution for Current Period    : -
B/C Dates for Other Distribution         : -

Remark:

The calculation of earnings per share is based on the profit attributable 
to shareholders HK$21,908,000(1999: HK$46,803,000) and the 445,500,000 
(1999:445,500,000) shares in issue during the period.