KEE SHING<0174> - Results Announcement

Kee Shing (Holdings) Limited announced on 30/3/2001:
(stock code: 174)
Year end date: 31/12/2000
Currency: HKD                                               (Audited)
                                           (Audited)        Last
                                           Current          Corresponding
                                           Period           Period
                                           from 1/1/2000    from 1/1/1999
                                           to 31/12/2000    to 31/12/1999
                 
Turnover                                 : 1,053,704,000    1,223,055,000
Profit/(Loss) from Operations            : 61,660,000       92,415,000
Finance cost                             : (12,602,000)     (6,746,000)
Share of Profit/(Loss) of Associates     : (850,000)        -
Share of Profit/(Loss) of
  Jointly Controlled Entities            : -                -
Profit/(Loss) after Tax & MI             : 43,878,000       78,032,000
% Change over Last Period                : -43.8%
EPS/(LPS)-Basic                          : 9.8 cents        17.5 cents
         -Diluted                        : -                -
Extraordinary (ETD) Gain/(Loss)          : -                -
Profit/(Loss) after ETD Items            : 43,878,000       78,032,000
Final Dividend per Share                 : 3.0 cents        4.0 cents
(Specify if with other options)          : -                -
B/C Dates for Final Dividend             : 15/5/2001 to 18/5/2001 bdi.
Payable Date                             : 22/6/2001
B/C Dates for Annual General Meeting     : 15/5/2001 to 18/5/2001 bdi.
Other Distribution for Current Period    : Nil
B/C Dates for Other Distribution         : -                

Remarks:

(1) Due to the adoption of revised SSAP, certain comparative figures have 
been reclassified to conform with current year presentation.

(2) The calculation of earnings per share is based on the net profit for 
the year of HK$43,878,000 (1999: HK$78,032,000) and on the 445,500,000 
(1999: 445,500,000) shares in issue during the year.