YUE FUNG INT'L<0965> - Results Announcement

Yue Fung International Group Holding Limited announced on 27/2/2001:
(stock code: 965)

Please refer to the press announcement for the details of the audit 
committee's review report on the interim financial statement, to be issued 
by the Company on 28/2/2001.

Year end date: 31/5/2001
Currency: HK Dollars                                        (Unaudited)
                                           (Unaudited)      Last
                                           Current          Corresponding
                                           Period           Period
                                           from 1/6/2000    from 1/6/1999
                                           to 30/11/2000    to 30/11/1999
                                           ('000)           ('000)
Turnover                                 : 172,882          163,827
Profit/(Loss) from Operations            : 23,134           17,712
Finance cost                             : (5,131)          (4,925)
Share of Profit/(Loss) of Associates     : -                -
Share of Profit/(Loss) of
  Jointly Controlled Entities            : -                -
Profit/(Loss) after Tax & MI             : 18,703           11,880
% Change over Last Period                : +57.4%
EPS/(LPS)-Basic                          : 3.3 cents        4.3 cents
         -Diluted                        : N/A              N/A
Extraordinary (ETD) Gain/(Loss)          : -                -
Profit/(Loss) after ETD Items            : 18,703           11,880
Interim Dividend per Share               : Nil              Nil
(Specify if with other options)          : N/A              N/A
B/C Dates for Interim Dividend           : N/A
Payable Date                             : N/A
B/C Dates for (-) General Meeting        : N/A
Other Distribution for Current Period    : N/A
B/C Dates for Other Distribution         : N/A

Remark:

Prior Period Comparative Figures

Certain of the comparative figures in the condensed consolidated profit
and loss accounts have been reclassified to conform with current
period's presentation.