CHINA RESOURCES<0291> - Results Announcement

China Resources Enterprise, Limited announced on 11/4/2001:
(stock code: 291)
Year end date: 31/12/2000
Currency: HK$                                               (Audited)
                                           (Audited)        Last
                                           Current          Corresponding
                                           Period           Period
                                           from 1/1/2000    from 1/1/1999
                                           to 31/12/2000    to 31/12/1999
                                           ('000)           ('000)
Turnover                                 : 16,810,248       12,902,299
Profit/(Loss) from Operations            : 2,497,009        2,491,104
Finance cost                             : (391,550)        (389,785)
Share of Profit/(Loss) of Associates     : 611,698          490,493
Share of Profit/(Loss) of
  Jointly Controlled Entities            : -                -
Profit/(Loss) after Tax & MI             : 1,656,733        1,442,839
% Change over Last Period                : +14.82%
EPS/(LPS)-Basic                          : $0.83            $0.79
         -Diluted                        : $0.83            $0.79
Extraordinary (ETD) Gain/(Loss)          : -                -
Profit/(Loss) after ETD Items            : 1,656,733        1,442,839
Final Dividend per Share                 : 15 cents         9 cents
(Specify if with other options)          : -                -
B/C Dates for Final Dividend             : 12/6/2001 to 19/6/2001 bdi.
Payable Date                             : 4/7/2001
B/C Dates for Annual General Meeting     : 12/6/2001 to 19/6/2001 bdi.
Other Distribution for Current Period    : -
B/C Dates for Other Distribution         : -

Remarks:

(1) Earnings per share
        
The calculation of the basic and diluted earnings per share is based on 
the following data:

                                                2000            1999
                                                HK$'000         HK$'000
Earnings
Profit attributable to shareholders for the 
 purpose of calculating basic earnings per share 1,656,733      1,442,839 
     
 
Effect due to dilutive potential ordinary shares  
 of a subsidiary                                -               (2,236)
                                                -----------------------
Profit attributable to shareholders for the 
 purpose of calculating diluted earnings 
 per share                                      1,656,733       1,440,603
                                                =========       =========
                                                                        
                                                2000            1999
Number of shares
Weighted average number of ordinary shares 
 for the purpose of calculating basic earnings 
 per share                                   1,985,450,362   1,817,388,934
Effect of dilutive potential ordinary shares in 
 respect of share options                       16,342,894       8,866,148
                                                --------------------------
Weighted average number of ordinary shares for 
 the purpose of calculating diluted earnings 
 per share                                    2,001,793,256  1,826,255,082 
                                              =============  =============

(2) Additional information in respect of finance cost has been disclosed 
to conform with the current year's presentation.