YU MING INV<00666> - Results Announcement

Yu Ming Investments Limited announced on 11/08/2004:
(stock code: 00666 )
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  ($         )       ($         )
Turnover                           : 10,620,405         4,086,403         
Profit/(Loss) from Operations      : 2,446,165          69,788,660        
Finance cost                       : (1,055,137)        (38,843)          
Share of Profit/(Loss) of 
  Associates                       : 23,356,327         5,100,195         
Share of Profit/(Loss) of
  Jointly Controlled Entities      : N/A                N/A               
Profit/(Loss) after Tax & MI       : 22,827,785         74,850,012        
% Change over Last Period          : -69.5     %
EPS/(LPS)-Basic (in dollars)       : 0.0135             0.0443            
         -Diluted (in dollars)     : N/A                N/A               
Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
Profit/(Loss) after ETD Items      : 22,827,785         74,850,012        
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:


(1)     Hong Kong profits tax has been provided at the rate of 17.5% on 
        the estimated assessable profits for the period (2003 : 17.5%)

(2)     The calculation of basic earnings per share is based on the 
        Group's profit attributable to shareholders of HK$22,827,785 (2003 
        :HK$74,850,012) and the number of ordinary shares in issue during  
        the period amounting to 1,691,171,989 (2003 : 1,691,171,989) 
        shares.

        No diluted earnings per share is presented as the Group had no 
        dilutive potential ordinary shares.