08:57     NANYANG HOLD<00212> - Results Announcement (1)                      

    Nanyang Holdings Limited announced on 06/04/2005:                         
    (stock code: 00212 )                                                      
    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  ('Million  )       ('Million  )      
    Turnover                        2  : 71.7               105.4             
    Profit/(Loss) from Operations   3  : 29.8               48.1              
    Finance cost                    4  : (0.1)              (0.1)             
    Share of Profit/(Loss) of                                                 
      Associates                       : N/A                N/A               
    Share of Profit/(Loss) of                                                 
      Jointly Controlled Entities      : 9.9                10.5              
    Profit/(Loss) after Tax & MI       : 37.1               56.4              
    % Change over Last Period          : -34.2     %                          
    EPS/(LPS)-Basic (in dollars)    6  : 0.82               1.22              
             -Diluted (in dollars)     : N/A                N/A               
    Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
    Profit/(Loss) after ETD Items      : 37.1               56.4              
    Final Dividend                     : $0.30              $0.35             
      per Share                                                               
    (Specify if with other             : N/A                N/A               
      options)                                                                
                                                                              
    B/C Dates for                                                             
      Final Dividend                   : 18/05/2005         to 25/05/2005 bdi.
    Payable Date                       : 25/05/2005                           
    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       Basis of preparation                                              
                                                                              
    The accounts have been prepared in accordance with accounting principles  
    generally accepted in Hong Kong and comply with accounting standards      
    issued by the Hong Kong Institute of Certified Public Accountants ("      
    HKICPA").  They have been prepared under the historical cost convention as
    modified by the revaluation of investment properties and investments in   
    securities.                                                               
                                                                              
    The HKICPA has issued a number of new and revised Hong Kong Financial     
    Reporting Standards and Hong Kong Accounting Standards ("new HKFRSs")     
    which are effective for accounting periods beginning on or after 1st      
    January 2005.  The Group has not early adopted these new HKFRSs in the    
    accounts for the year ended 31st December 2004.  The Group has already    
    commenced an assessment of the impact of these new HKFRSs but is not yet  
    in a position to quantify the effect of these new HKFRSs on its results of
    operations and financial position.