08:48     K & P INT'L<00675> - Results Announcement (1)                       

    K & P International Holdings Limited announced on 26/04/2005:             
    (stock code: 00675 )                                                      
    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                           : 349,259            271,845           
    Profit/(Loss) from Operations      : 32,152             15,784            
    Finance cost                       : (5,521)            (5,808)           
    Share of Profit/(Loss) of                                                 
      Associates                       : (6,128)            (4,335)           
    Share of Profit/(Loss) of                                                 
      Jointly Controlled Entities      : N/A                N/A               
    Profit/(Loss) after Tax & MI       : 17,657             3,540             
    % Change over Last Period          : +399      %                          
    EPS/(LPS)-Basic (in dollars)       : 0.0682             0.0142            
             -Diluted (in dollars)     : 0.0677             0.0141            
    Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
    Profit/(Loss) after ETD Items      : 17,657             3,540             
    Final Dividend                     : $0.01              Nil               
      per Share                                                               
    (Specify if with other             : N/A                N/A               
      options)                                                                
                                                                              
    B/C Dates for                                                             
      Final Dividend                   : 03/06/2005         to 08/06/2005 bdi.
    Payable Date                       : 22/07/2005                           
    B/C Dates for Annual                                                      
      General Meeting                  : 03/06/2005         to 08/06/2005 bdi.
    Other Distribution for             : N/A                                  
      Current Period                                                          
                                                                              
    B/C Dates for Other                                                       
      Distribution                     : N/A                                  
                                                                              
    Remarks:                                                                  
                                                                              
                                                                              
    1.      TURNOVER                                                          
                                                                              
    Turnover represents the net invoiced value of goods sold, after allowances
    for returns and trade discounts, during the year.                         
                                                                              
    2.      TAX                                                               
                                                                              
            Hong Kong profits tax has been provided at the rate of 17.5% (    
    2003: 17.5%) on the estimated assessable profits arising in Hong Kong     
    during the year.                                                          
                                                                              
                                                            2004    2003      
                                                            HK$'000 HK$'000   
                    Current - Hong Kong                                       
                            Charge for the year             1,839       576   
                            Overprovision in prior years    ( 180)      -     
                    Deferred                                1,187     1,525   
                                                            ----------------  
            Total tax charge for the year                   2,846     2,101   
                                                            ================  
                                                                              
                                                                              
    3.      DIVIDENDS                                                         
                                                                              
                                                            2004    2003      
                                                            HK$'000 HK$'000   
    Proposed final - 1 cent (2003: nil) per ordinary share  2,655   -         
                                                            ======= ======    
                                                                              
            The proposed final dividend for the year is subject to the        
    approval of the Company's shareholders at the forthcoming annual general  
    meeting.