KEE SHING<00174> - Results Announcement (Summary)

Kee Shing (Holdings) Limited announced on 31/8/2001:
(stock code: 174)

Please refer to the press announcement for the details of the
auditors' and audit committee's review report on the interim financial
statement, to be issued by the Company on 3/9/2001.

Year end date: 31/12/2001
Currency: HK$                                               (Unaudited)
                                           (Unaudited)      Last
                                           Current          Corresponding
                                           Period           Period
                                           from 1/1/2001    from 1/1/2000
                                           to 30/6/2001     to 30/6/2000

Turnover                                 : 449,763,000      537,902,000
Profit/(Loss) from Operations            : 14,630,000       32,876,000
Finance cost                             : (3,437,000)      (6,586,000)
Share of Profit/(Loss) of Associates     : 1,380,000        (771,000)
Share of Profit/(Loss) of
  Jointly Controlled Entities            : -                -
Profit/(Loss) after Tax & MI             : 8,885,000        21,908,000
% Change over Last Period                : -59.4%
EPS/(LPS)-Basic                          : 2.0 cents        4.9 cents
         -Diluted                        : -                -
Extraordinary (ETD) Gain/(Loss)          : -                -
Profit/(Loss) after ETD Items            : 8,885,000        21,908,000
Interim Dividend per Share               : 1.0 cent         2.0 cents
(Specify if with other options)          : -                -
B/C Dates for Interim Dividend           : 21/9/2001 to 26/9/2001 bdi.
Payable Date                             : 28/9/2001
B/C Dates for (-) General Meeting        : -
Other Distribution for Current Period    : -
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 the earnings per share is based on the net profit 
for the period of HK$8,885,000 (six months ended 30/6/2000: HK$21,908,000) 
and on 445,500,000 ordinary shares (six months ended 30/6/2000:
445,500,000 ordinary shares) in issue during the period.