KEE SHING<00174> - Results Announcement

Kee Shing (Holdings) Limited announced on  26/3/2004:
(stock code: 00174 )
Year end date: 31/12/2003
Currency: HKD
Auditors' Report: Unqualified

                                                        (Audited   )
                                     (Audited   )       Last
                                     Current            Corresponding
                                     Period             Period
                                     from 1/1/2003      from 1/1/2002  
                                     to 31/12/2003      to 31/12/2002 
                               Note  ($         )       ($         )
Turnover                           : 1,224,230,000      1,072,821,000     
Profit/(Loss) from Operations      : 71,047,000         17,542,000        
Finance cost                       : (3,805,000)        (4,363,000)       
Share of Profit/(Loss) of 
  Associates                       : 2,979,000          (1,235,000)       
Share of Profit/(Loss) of
  Jointly Controlled Entities      : N/A                N/A               
Profit/(Loss) after Tax & MI       : 38,707,000         4,152,000         
% Change over Last Period          : +832.2    %
EPS/(LPS)-Basic (in dollars)       : 0.0869             0.0093            
         -Diluted (in dollars)     : N/A                N/A               
Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
Profit/(Loss) after ETD Items      : 38,707,000         4,152,000         
Final Dividend                     : 2.5 cents          1.5 cents         
  per Share                                                               
(Specify if with other             : N/A                N/A               
  options)                                                                
                                                                          
B/C Dates for 
  Final Dividend                   : 24/5/2004          to 28/5/2004 bdi.
Payable Date                       : 23/6/2004 
B/C Dates for Annual         
  General Meeting                  : 24/5/2004          to 28/5/2004 bdi.
Other Distribution for             : N/A           
  Current Period                     
                                     
B/C Dates for Other 
  Distribution                     : N/A          

Remarks:

The calculation of earnings per share is based on the net profit for the 
year of HK$38,707,000 (2002: HK$4,152,000) and on 445,500,000 ordinary 
shares (2002: 445,500,000 ordinary shares) in issue during the year.