1999 Interim Results
	The Directors of Ng Fung Hong Limited (the "Company") are pleased to announce the unaudited consolidated results of the Company and its subsidiaries (the "Group") for the six months ended 30th June 1999 as follows:
			Six months ended 30th June
			1999	1998
			HK$ ' 000	HK$ ' 000
	Turnover		3,096,169	3,417,964
	Operating profit		321,289	342,551
	Share of results of associated companies		30,275	7,680
	Profit before taxation		351,564	350,231
	Taxation (note 1)		42,873	43,159
	Profit after taxation		308,691	307,072
	Minority interests		42,514	51,995
	Profit attributable to shareholders		266,177	255,077
	Earnings per share (note 2):   Basic		HK 25.6 cents	HK 24.9 cents
	Diluted		HK 25.3 cents	HK 24.5 cents
	Interim dividend per share		HK 6 cents	HK 3 cents
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