TINGYI<00322> - Results Announcement

Tingyi (Cayman Islands) Holdings Corp. announced on  28/4/2003:
(stock code: 00322 )
Year end date: 31/12/2002
Currency: USD
Auditors' Report: Unqualified

                                                        (Audited   )
                                     (Audited   )       Last
                                     Current            Corresponding
                                     Period             Period
                                     from 1/1/2002      from 1/1/2001  
                                     to 31/12/2002      to 31/12/2001 
                               Note  ('000      )       ('000      )
Turnover                           : 1,100,405          944,566           
Profit/(Loss) from Operations      : 121,933            96,499            
Finance cost                       : (26,465)           (23,652)          
Share of Profit/(Loss) of 
  Associates                       : 2,798              (379)             
Share of Profit/(Loss) of
  Jointly Controlled Entities      : N/A                N/A               
Profit/(Loss) after Tax & MI       : 90,928             60,338            
% Change over Last Period          : +50.7     %
EPS/(LPS)-Basic (in dollars)       : 0.0163             0.0108            
         -Diluted (in dollars)     : N/A                N/A               
Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
Profit/(Loss) after ETD Items      : 90,928             60,338            
Final Dividend                     : US0.93 cent        US0.81 cent       
  per Share                                                               
(Specify if with other             : N/A                N/A               
  options)                                                                
                                                                          
B/C Dates for 
  Final Dividend                   : 12/6/2003          to 20/6/2003 bdi.
Payable Date                       : 29/8/2003 
B/C Dates for Annual         
  General Meeting                  : 12/6/2003          to 20/6/2003 bdi.
Other Distribution for             : N/A           
  Current Period                     
                                     
B/C Dates for Other 
  Distribution                     : N/A