09:04     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.                                                 
                                                                              
    For more details, please refer to the press announcement today.