YU MING INV<00666> - Results Announcement

Yu Ming Investments Limited announced on 22/03/2005:
(stock code: 00666 )
Year end date: 31/12/2004
Currency: HKD
Auditors' Report: Unqualified

                                                        (Audited   )
                                     (Audited   )       Last
                                     Current            Corresponding
                                     Period             Period
                                     from 01/01/2004    from 01/01/2003
                                     to 31/12/2004      to 31/12/2003
                               Note  ($         )       ($         )
Turnover                           : 27,593,273         7,679,583         
Profit/(Loss) from Operations      : 8,563,008          135,498,209       
Finance cost                       : (2,305,706)        (888,038)         
Share of Profit/(Loss) of 
  Associates                       : 36,318,688         3,992,343         
Share of Profit/(Loss) of
  Jointly Controlled Entities      : N/A                N/A               
Profit/(Loss) after Tax & MI       : 39,377,902         143,401,200       
% Change over Last Period          : -72.54    %
EPS/(LPS)-Basic (in dollars)       : 0.0233             0.0848            
         -Diluted (in dollars)     : N/A                N/A               
Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
Profit/(Loss) after ETD Items      : 39,377,902         143,401,200       
Final Dividend                     : Nil                Nil
  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                  : 09/05/2005         to 13/05/2005 bdi.
Other Distribution for             : N/A
  Current Period                     
                                     
B/C Dates for Other 
  Distribution                     : N/A   
  
Remarks:

Earnings per share

The calculation of basic earnings per share is based on the Group's profit 
attributable to shareholders of HK$39,377,902 (2003: HK$143,401,200) and 
the number of ordinary shares in issue during the year amounting to 1,691
,171,989 (2003 : 1,691,171,989) shares.

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