13:37     SHANGHAI IND H<00363> - Results Announcement (1)                    

    Shanghai Industrial Holdings Limited announced on 21/04/2005:             
    (stock code: 00363 )                                                      
    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  ('000      )       ('000      )      
    Turnover                           : 3,428,939          2,825,978         
    Profit/(Loss) from Operations      : 903,270            1,132,761         
    Finance cost                       : (19,317)           (31,001)          
    Share of Profit/(Loss) of                                                 
      Associates                       : 284,729            161,537           
    Share of Profit/(Loss) of                                                 
      Jointly Controlled Entities      : 94,451             172,635           
    Profit/(Loss) after Tax & MI       : 1,383,060          1,259,166         
    % Change over Last Period          : +9.8      %                          
    EPS/(LPS)-Basic (in dollars)       : 1.45               1.34              
             -Diluted (in dollars)     : 1.43               1.33              
    Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
    Profit/(Loss) after ETD Items      : 1,383,060          1,259,166         
    Final Dividend                     : 35 cents           32 cents          
      per Share                                                               
    (Specify if with other             : N/A                N/A               
      options)                                                                
                                                                              
    B/C Dates for                                                             
      Final Dividend                   : 23/05/2005         to 26/05/2005 bdi.
    Payable Date                       : 06/06/2005                           
    B/C Dates for Annual                                                      
      General Meeting                  : 23/05/2005         to 26/05/2005 bdi.
    Other Distribution for             : N/A                                  
      Current Period                                                          
                                                                              
    B/C Dates for Other                                                       
      Distribution                     : N/A                                  
                                                                              
    Remarks:                                                                  
                                                                              
    (1)  SEGMENT INFORMATION                                                  
                                                                              
    An analysis of the Group's turnover and contribution to operating profit  
    by principal activity and geographical region is as follows:              
                                                                              
                    Turnover                Profit from operations            
            2004            2003            2004            2003              
            HK$'000         HK$'000         HK$'000         HK$'000           
                                                                              
    Business segment                                                          
                                                                              
    Infrastructure Facilities                                                 
            189,208         283,019         145,880         281,299           
                                                                              
    Medicine                                                                  
            1,283,622       1,127,892       253,986         288,772           
                                                                              
    Consumer Products                                                         
            1,956,109       1,415,067       504,737         336,843           
                                                                              
    Information Technology                                                    
            -               -               66,497          179,586           
            ----------      ----------      --------        ---------         
            3,428,939       2,825,978       971,100         1,086,500         
            ==========      ==========                                        
                                                                              
    Net unallocated corporate  (expenses)/income                              
                                                                              
                                            (67,830)        46,261            
                                            ---------       ----------        
    Profit from operations                  903,270         1,132,761         
                                            =========       ==========        
                                                                              
                                                                              
    Geographical region                                                       
                                                                              
    PRC                                                                       
            1,943,374       1,768,201       573,620         836,042           
    Asia                                                                      
            1,259,255       661,553         283,039         133,726           
    Hong Kong                                                                 
            186,332         169,343         103,686         68,450            
    Other areas                                                               
            39,978          226,881         10,755          48,282            
            ----------      ----------      --------        ---------         
            3,428,939       2,825,978       971,100         1,086,500         
            ==========      ==========