CHINA RESOURCES<00291> - Results Announcement (Summary)

China Resources Enterprise, Limited announced on 4/9/2002:
(stock code: 291)
Year end date: 31/12/2002
Currency: HKD
Auditors' Report: N/A
Review of Interim Report by: Both Audit Committee and Auditors

                                                            (Unaudited)
                                           (Unaudited)      Last
                                           Current          Corresponding
                                           Period           Period
                                           from 1/1/2002    from 1/1/2001
                                           to 30/6/2002     to 30/6/2001
                                           ('000)           ('000)
Turnover                                 : 12,933,223       12,059,464
Profit/(Loss) from Operations            : 925,166          1,050,869
Finance cost                             : (171,046)        (223,172)
Share of Profit/(Loss) of Associates     : 208,601          247,167
Share of Profit/(Loss) of
  Jointly Controlled Entities            : -                -
Profit/(Loss) after Tax & MI             : 720,069          787,835
% Change over Last Period                : -8.60%
EPS/(LPS)-Basic                          : $0.35            $0.39
         -Diluted                        : $0.35            $0.39
Extraordinary (ETD) Gain/(Loss)          : -                -
Profit/(Loss) after ETD Items            : 720,069          787,835
Interim Dividend per Share               : $0.09            $0.08
(Specify if with other options)          : -                -
B/C Dates for Interim Dividend           : 7/10/2002 to 11/10/2002 bdi.
Payable Date                             : on or about 1/11/2002
B/C Dates for (-) General Meeting        : -
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:

                                              Six months ended 30th June
                                              2002              2001
                                              HK$'000           HK$'000
Earnings
Profit attributable to shareholders for the 
    purpose of calculating basic and diluted 
    earnings per share                        720,069           787,835
                                              =======           =======

                                              Six months ended 30th June
                                              2002              2001
Number of shares
Weighted average number of ordinary shares for
  the purpose of calculating basic earnings 
  per share                                   2,063,501,624  2,005,183,625
Effect of dilutive potential ordinary shares 
  in respect of share options                    12,158,950     22,561,378
                                              -------------  -------------
        
Weighted average number of ordinary shares for 
   the purpose of calculating diluted earnings 
   per share                                  2,075,660,574  2,027,745,003
                                              =============  =============