CHINA RESOURCES<00291> - Results Announcement

China Resources Enterprise, Limited announced on   2/9/2004:
(stock code: 00291 )
Year end date: 31/12/2004
Currency: HKD
Auditors' Report: N/A
Interim report reviewed by: Both Audit Committee and Auditors

                                                        (Unaudited )
                                     (Unaudited )       Last
                                     Current            Corresponding
                                     Period             Period
                                     from 1/1/2004      from 1/1/2003  
                                     to 30/6/2004       to 30/6/2003  
                               Note  ('000      )       ('000      )
Turnover                           : 22,640,634         16,190,163        
Profit/(Loss) from Operations      : 1,023,670          651,381           
Finance cost                       : (134,950)          (128,552)         
Share of Profit/(Loss) of 
  Associates                       : 230,822            228,498           
Share of Profit/(Loss) of
  Jointly Controlled Entities      : N/A                143,177           
Profit/(Loss) after Tax & MI       : 801,975            749,733           
% Change over Last Period          : +6.97     %
EPS/(LPS)-Basic (in dollars)       : 0.38               0.36              
         -Diluted (in dollars)     : 0.37               0.36              
Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
Profit/(Loss) after ETD Items      : 801,975            749,733           
Interim Dividend                   : 11 cents           10 cents          
  per Share                                                               
(Specify if with other             : N/A                N/A               
  options)                                                                
                                                                          
B/C Dates for 
  Interim Dividend                 : 4/10/2004          to 8/10/2004 bdi.
Payable Date                       : 1/11/2004 
B/C Dates for (-)            
  General Meeting                  : N/A          
Other Distribution for             : N/A           
  Current Period                     
                                     
B/C Dates for Other 
  Distribution                     : N/A          

Remarks:

Earnings per share

The calculation of the basic and diluted earnings per share is 
based on the following data:
                                Six months ended 30th June
                                2004            2003
                                HK$'000         HK$'000
Earnings
Profit attributable to shareholders for the 
    purpose of calculating basic earnings 
    per share                   801,975         749,733
Interest saving on exercise of convertible bonds        
                                36,106          34,352
                                ---------       ----------                      
Profit attributable to shareholders for the purpose     
of calculating diluted earnings per share                  
                                838,081         784,085
                                ========        =========
                                                                        
                                2004            2003
Number of shares
Weighted average number of ordinary shares for 
the purpose of calculating basic earnings per share     
                                2,099,115,270   2,080,405,215
Effect of dilutive potential ordinary shares 
        - Convertible bonds/Share options                                       
                                149,821,297     119,595,400
                                -----------     -------------
Weighted average number of ordinary shares for 
   the purpose of calculating diluted earnings per share        
                                2,248,936,567   2,200,000,615
                                =============   ==============