CHINA RESOURCES<00291> - Results Announcement (Summary)

China Resources Enterprise, Limited announced on 15/4/2002:
(stock code: 291)
Year end date: 31/12/2001
Currency: HK$
Auditors' Report: Neither
Review of Interim Report by: N/A
                                                            (Audited)     
                                           (Audited)        Last
                                           Current          Corresponding
                                           Period           Period
                                           from 1/1/2001    from 1/1/2000
                                           to 31/12/2001    to 31/12/2000
                                           ('000)           ('000)
Turnover                                 : 24,196,490       16,810,248
Profit/(Loss) from Operations            : 2,021,801        2,497,009
Finance cost                             : (422,668)        (391,550)
Share of Profit/(Loss) of Associates     : 422,559          611,698
Share of Profit/(Loss) of
  Jointly Controlled Entities            : -                -
Profit/(Loss) after Tax & MI             : 1,204,807        1,656,733
% Change over Last Period                : -27.28%
EPS/(LPS)-Basic                          : $0.60            $0.83
         -Diluted                        : $0.59            $0.83
Extraordinary (ETD) Gain/(Loss)          : -                -
Profit/(Loss) after ETD Items            : 1,204,807        1,656,733
Final Dividend per Share                 : $0.10            $0.15
(Specify if with other options)          : -                -
B/C Dates for Final Dividend             : 3/6/2002 to 7/6/2002 bdi.
Payable Date                             : on or about 2/7/2002
B/C Dates for Annual General Meeting     : 3/6/2002 to 7/6/2002 bdi.
Other Distribution for Current Period    : -
B/C Dates for Other Distribution         : -

Remark:

Earnings per share

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

                                           2001             2000
                                           HK$'000          HK$'000
Earnings
Profit attributable to shareholders for the
 purpose of calculating basic and
 diluted earnings                          1,204,807        1,656,733
                                           =========        =========

                                           2001             2000
Number of shares
Weighted average number of ordinary
   shares for the purpose of calculating
   basic earnings per share                2,010,044,074    1,985,450,362

Effect of dilutive potential ordinary
   shares in respect of share options      17,212,460       16,342,894
                                          --------------------------------
Weighted average number of ordinary
  shares for the purpose of calculating
  diluted earnings per share               2,027,256,534    2,001,793,256
                                           ===========      ===========