LEI SHING HONG<00238> - Results Announcement

LEI SHING HONG LIMITED announced on 16/09/2004:
(stock code: 00238 )
Year end date: 31/12/2004
Currency: HKD
Auditors' Report: N/A
Interim report reviewed by: Both Audit Committee and Auditors

                                                        (Unaudited )
                                     (Unaudited )       Last
                                     Current            Corresponding
                                     Period             Period
                                     from 01/01/2004    from 01/01/2003
                                     to 30/06/2004      to 30/06/2003 
                               Note  ('000      )       ('000      )
Turnover                           : 4,763,787          4,333,358         
Profit/(Loss) from Operations      : 119,850            190,509           
Finance cost                       : (31,814)           (42,996)          
Share of Profit/(Loss) of 
  Associates                       : 29,077             343               
Share of Profit/(Loss) of
  Jointly Controlled Entities      : 19,519             8,760             
Profit/(Loss) after Tax & MI       : 95,068             103,179           
% Change over Last Period          : -7.86     %
EPS/(LPS)-Basic (in dollars)       : 0.0997             0.1085            
         -Diluted (in dollars)     : 0.0962             0.1037            
Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
Profit/(Loss) after ETD Items      : 95,068             103,179           
Interim Dividend                   : NIL                NIL               
  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:

                                  
Earnings Per Share

The calculations of basic and diluted earnings per share for the six 
months ended 30 June 2004 are based on the following data:

                                        Six months ended 30 June
                                        2004            2003
                                        (Unaudited)     (Unaudited)     
                                        HK$'000         HK$'000

Earnings

Net profit attributable to
  shareholders for the 
  period, used in the basic
  and diluted earnings per share
  calculations                          95,068          103,179
                                        =======         ========
                                                                           
                                        Number of shares
                                        30 June         30 June
                                        2004            2003
                                        (Unaudited)     (Unaudited)
Weighted average number of ordinary
  shares in issue during the period
  used in basic earnings per share
  calculation                           953,076,212     951,168,826

Weighted average number of ordinary
  shares:
    Assumed issued at no consideration
     on deemed exercise of all warrants
     outstanding during the period      35,643,721      44,033,990
                                        ------------    -------------
Weighted average number of ordinary
  shares used in diluted earnings per
  share calculation                     988,719,933     995,202,816 
                                        ============    =============