WINSOR IND<0098> - Results Announcement

Winsor Industrial Corporation, Limited announced on 28/6/2000:
(stock code: 98)
Year end date: 31/3/2000
Currency: HKD                                               (Audited)
                                           (Audited)        Last
                                           Current          Corresponding
                                           Period           Period
                                           from 1/4/1999    from 1/4/1998
                                           to 31/3/2000     to 31/3/1999
                                           ('000)           ('000)
Turnover
    - Continuing                         : 946,386          950,655
    - Discontinued                       : 0                49,445
Operating Profit/(Loss)
    - Continuing                         : 78,386           17,589
    - Discontinued                       : 0                (42,889)
Total Operating Profit/(Loss)            : 78,386           (25,300)
Share of Profit/(Loss) of
  Associated Companies                   : 10,934           617
Share of Profit/(Loss) of
  Jointly Controlled Entities            : (938)            (2,841)
Profit/(Loss) after Tax & MI             : 79,703           (31,288)
% Change over Last Period                : N/A
EPS/(LPS)-Basic                          : $0.31            ($0.12)
         -Diluted                        : N/A              N/A
Extraordinary (ETD) Gain/(Loss)          : N/A              N/A
Profit/(Loss) after ETD Items            : 79,703           (31,288)
Final Dividend per Share                 : $0.08            $0.06
(Specify if with other options)          : Nil              Nil
B/C Dates for Final Dividend             : 14/8/2000 to 16/8/2000 bdi.
Payable Date                             : 23/8/2000
B/C Dates for Annual General Meeting     : 14/8/2000 to 16/8/2000 bdi.
Other Distribution for Current Period    : N/A              
B/C Dates for Other Distribution         : N/A              

Remarks:

1)                                      Year ended      Year ended
                                        31/3/2000       31/3/1999
                                        HK$'000         HK$'000
Turnover 
  Continuing                            946,386         950,655
  Discontinued                          -                49,445
                                        ---------       --------
                                        946,386         1,000,100
                                        =========       =========

2)                              Year ended
                                31/3/2000       Year ended 31/3/1999    
                                -----------     ---------------------
                                                Current         Previous
                                                year format  year format
                                                -----------  ------------
                                HK'000          HK$'000      HK$'000
Continuing operations
  Textiles and clothing         69,515          76,719       76,719
  Investment                    10,407          (54,615)     (31,101)
  Net interest expenses         (1,536)         (4,515)      (4,515)
                                                           ------------
                                                            41,103
                                                           ------------
  Exceptional item - Investment                              (23,514)
                                ---------       --------
                                78,386          17,589
                                ---------       --------
Discontinued operations
  Textiles and clothing         -               (40,153)     (40,153)
  Net interest expenses         -               (2,736)       (2,736)
                                ---------       ----------  ----------
                                -               (42,889)    (42,889)
                                =========       ========    =========
Total operating Profit/(Loss)   78,386          (25,300)    (25,300)
                                =======         ========    =========

Interest income less finance
costs/Net interest expenses     (1,536)         (7,251)    (7,251)
                                ========        ========   =======

3)                              Year ended      Year ended
                                31/3/2000       31/3/1999
                                ---------       ----------
                                HK$'000         HK$'000
Share of profit/(loss) of
  Associated companies          10,934          617
  Jointly Controlled Entities   (938)           (2,841)
                                -------         --------
                                9,996           (2,224)
                                ========        =======