OXFORD PPT<00220> - Results Announcement

Oxford Properties & Finance Limited announced on 22/10/2003:
(stock code: 00220 )
Year end date: 31/01/2004
Currency: HKD
Auditors' Report: N/A
Review of Interim Report by: Both Audit Committee and Auditors

                                                        (Unaudited )
                                     (Unaudited )       Last
                                     Current            Corresponding
                                     Period             Period
                                     from 01/02/2003    from 01/02/2002
                                     to 31/07/2003      to 31/07/2002 
                               Note  ('000      )       ('000      )
Turnover                           : 30,223             34,592            
Profit/(Loss) from Operations      : 18,339             22,976            
Finance cost                       : (1,623)            (2,515)           
Share of Profit/(Loss) of 
  Associates                       : (62)               (152)             
Share of Profit/(Loss) of
  Jointly Controlled Entities      : N/A                N/A               
Profit/(Loss) after Tax & MI       : 12,516             16,016            
% Change over Last Period          : -22       %
EPS/(LPS)-Basic (in dollars)       : 0.18               0.24              
         -Diluted (in dollars)     : N/A                N/A               
Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
Profit/(Loss) after ETD Items      : 12,516             16,016            
Interim Dividend                   : NIL                8 cents           
  per Share                                                               
(Specify if with other             : N/A                N/A               
  options)                                                                
                                                                          
B/C Dates for 
  Interim Dividend                 : N/A          
Payable Date                       : N/A       
B/C Dates for (-)            
  General Meeting                  : N/A          
Other Distribution for             : N/A           
  Current Period                     
                                     
B/C Dates for Other 
  Distribution                     : N/A          

Remarks:

	                                                        2002
                                                                HK$"000

Restatement of profit after Taxation & M.I.

Net Profit for the period as previously reported                16,629
Deferred tax liabilities for the period recognised resulting    
from adoption of new accounting standard, adjusted for          
minority interests                                      	(613)	
								-------
Profit after Taxation & M.I. as restated                        16,016
                                                                =======

Restatement of EPS - Basic					24 cents
								========