LEI SHING HONG<00238> - Results Announcement

LEI SHING HONG LIMITED announced on  16/4/2003:
(stock code: 00238 )
Year end date: 31/12/2002
Currency: HKD
Auditors' Report: Unqualified

                                                        (Audited   )
                                     (Audited   )       Last
                                     Current            Corresponding
                                     Period             Period
                                     from 1/1/2002      from 1/1/2001  
                                     to 31/12/2002      to 31/12/2001 
                               Note  ('000      )       ('000      )
Turnover                           : 6,175,455          4,391,885         
Profit/(Loss) from Operations      : 295,365            300,575           
Finance cost                       : (83,162)           (103,889)         
Share of Profit/(Loss) of 
  Associates                       : 59,764             137,845           
Share of Profit/(Loss) of
  Jointly Controlled Entities      : 49,981             (4,066)           
Profit/(Loss) after Tax & MI       : 180,497            170,433           
% Change over Last Period          : +5.9      %
EPS/(LPS)-Basic (in dollars)       : 0.19               0.179             
         -Diluted (in dollars)     : 0.181              0.178             
Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
Profit/(Loss) after ETD Items      : 180,497            170,433           
Final Dividend                     : 3 Cents            3 Cents           
  per Share                                                               
(Specify if with other             : N/A                N/A               
  options)                                                                
                                                                          
B/C Dates for 
  Final Dividend                   : 15/5/2003          to 22/5/2003 bdi.
Payable Date                       : 30/6/2003 
B/C Dates for (-)            
  General Meeting                  : N/A          
Other Distribution for             : N/A           
  Current Period                     
                                     
B/C Dates for Other 
  Distribution                     : N/A          

Remarks:


EARNINGS PER SHARE

The calculation of basic earnings per share is based on the net profit 
from ordinary activities attributable to shareholders for the year of 
HK$180,497,000 (2001: HK$170,433,000) and 951,168,687 (2001: 951,165,000) 
weighted average number of shares in issue during the year.

The calculation of diluted earnings per share for the year ended 31 
December 2002 is based on the net profit from ordinary activities 
attributable to shareholders for the year of HK$180,497,000 (2001: 
HK$170,433,000) and 996,437,001 (2001: 955,291,879) weighted average 
number of shares, which represents 951,168,687 (2001: 951,165,000) 
weighted average number of shares in issue during the year plus 45,268,314 
(2001: 4,126,879) weighted average number of shares assumed to be issued 
at no consideration on deemed exercise of all warrants outstanding during 
the year.