Listed Company Information
 

LEI SHING HONG<00238> - Results Announcement

LEI SHING HONG LIMITED announced on 22/09/2005:
(stock code: 00238 )
Year end date: 31/12/2005
Currency: HKD
Auditors' Report: N/A
Interim report reviewed by: Audit Committee

                                                        (Unaudited )
                                     (Unaudited )       Last
                                     Current            Corresponding
                                     Period             Period
                                     from 01/01/2005    from 01/01/2004
                                     to 30/06/2005      to 30/06/2004
                               Note  ('000      )       ('000      )
Turnover                           : 5,899,802          4,763,787         
Profit/(Loss) from Operations      : 178,409            119,850           
Finance cost                       : (69,812)           (31,814)          
Share of Profit/(Loss) of 
  Associates                       : 21,494             21,921            
Share of Profit/(Loss) of
  Jointly Controlled Entities      : N/A                16,146            
Profit/(Loss) after Tax & MI       : 95,311             95,068            
% Change over Last Period          : +0.26     %
EPS/(LPS)-Basic (in dollars)       : 0.0904             0.0997            
         -Diluted (in dollars)     : 0.0897             0.0962            
Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
Profit/(Loss) after ETD Items      : 95,311             95,068            
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:

(A) Earnings Per Share

The calculations of basic and diluted earnings per share for the six 
months ended 30 June 2005 are
based on:

                                         For the six months 
                                            ended 30 June
                                        2005            2004
                                        (Unaudited)     (Unaudited)
                                         HK$'000        HK$'000
Earnings
        
Profit attributable to equity holders of the parent for the period, 
    used in the basic and diluted earnings per share calculations               
                                        95,311          95,068
                                        ======================

                                           Number of shares
                                          For the six months 
                                            ended 30 June
                                        2005            2004
                                        (Unaudited)     (Unaudited)
Shares
        
Weighted average number of ordinary shares in issue
   during the period used in basic earnings per share
    calculation                         1,054,685,520   953,076,212

Weighted average number of ordinary shares:
    Assumed issued at no consideration on deemed 
    exercise of all warrants outstanding during the period              
                                        7,916,496       35,643,721
                                        ----------------------------
        
Weighted average number of ordinary shares 
    used in diluted earnings per share calculation              
                                        1,062,602,016   988,719,933
                                        ===========================

As the subscription prices of the share options outstanding during the six 
months ended 30 June 2005 and 2004 are higher than the respective average 
market prices of the Company's shares during these periods, there is no 
dilution effect on the basic earnings per share.
 

(B) Share of Profits of a Jointly-Controlled Entity and Associates

Due to new Accounting Standard's presentation requirement:
                                                                                
                               For the six months 
                                ended 30 June
                                2005    2004

(a)     Profit before tax of a jointly-controlled entity
                                -       19,519
        Tax of a jointly-controlled entity (Note (i))
                                -       (3,373)
                                ------------------

        Share of profit of a jointly-controlled entity
                                -       16,146
                                ======================

(b)     Profit before tax of associates
                                29,739  29,077
Tax of associates (Note (ii))   (8,245) (7,156)
                                -----------------
Share of profits of associates  21,494  21,921
                                ======= ======


Notes:
        
(i)     Share of tax attributable to a jointly-controlled entity was 
included in "Share of profit of a Jointly-Controlled Entity".

(ii)    Share of tax attributable to associates was included in "Share of 
profits of associates".