OXFORD PPT<00220> - Results Announcement

Oxford Properties & Finance Limited announced on 22/05/2003:
(stock code: 00220 )
Year end date: 31/01/2003
Currency: HKD
Auditors' Report: Unqualified

                                                        (Audited   )
                                     (Audited   )       Last
                                     Current            Corresponding
                                     Period             Period
                                     from 1/2/2002      from 1/2/2001  
                                     to 31/1/2003       to 31/1/2002  
                               Note  ('000      )       ('000      )
Turnover                           : 67,715             75,552            
Profit/(Loss) from Operations      : 40,360             (1,463)           
Finance cost                       : (4,998)            (8,903)           
Share of Profit/(Loss) of 
  Associates                       : 88                 (120)             
Share of Profit/(Loss) of
  Jointly Controlled Entities      : N/A                N/A               
Profit/(Loss) after Tax & MI       : 27,409             (11,190)          
% Change over Last Period          : N/A       %
EPS/(LPS)-Basic (in dollars)       : 0.405              (0.165)           
         -Diluted (in dollars)     : N/A                N/A               
Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
Profit/(Loss) after ETD Items      : 27,409             (11,190)          
Final Dividend                     : NIL                20 cents          
  per Share                                                               
(Specify if with other             : N/A                N/A               
  options)                                                                
                                                                          
B/C Dates for 
  Final Dividend                   : N/A          
Payable Date                       : N/A       
B/C Dates for Annual         
  General Meeting                  : 23/6/2003          to 03/07/2003bdi.
Other Distribution for             : N/A           
  Current Period                     
                                     
B/C Dates for Other 
  Distribution                     : N/A