Final Results

Hidong Estate PLC
29 July 2005


Hidong Estate PLC
Preliminary Final Results

Profit and loss account for the
year ended 31st March, 2005
                                                          Continuing Operations


                                                              2005         2004
                                                                RM           RM
Turnover                                                 1,927,119    1,938,774
Cost of sales - including replanting
expenditure of RM34,938 (2004: RM84,832)                (1,379,475)  (1,395,702)
                                                         ---------    ---------
Gross profit                                               547,644      543,072
Distribution costs                                         (80,532)     (83,450)
Administrative expenses                                   (138,754)    (162,788)
                                                         ---------    ---------
                                                           328,358      296,834
Other income                                                16,786       14,520
                                                         ---------    ---------
Operating profit                                           345,144      311,354
Tangible fixed assets written off                               (1)           -
Interest receivable on short term deposits                  25,833       16,620
                                                         ---------    ---------
Profit on ordinary activities before taxation              370,976      327,974
Tax on profit on ordinary activities                       (81,397)      (3,324)
                                                         ---------    ---------
RETAINED PROFIT FOR THE YEAR                               289,579      324,650
                                                         =========    =========
Profit per 10p share                                     16.90 sen    18.95 sen
                                                         =========    =========

STATEMENT OF TOTAL RECOGNISED
GAINS AND LOSSES FOR THE YEAR ENDED 31st MARCH 2005


                                                                2005       2004

                                                                  RM         RM

Surplus on revaluation of properties                               -          -

Deferred tax liability                                             -          -
                                                            --------   --------
Net gains not recognised in the profit and loss                              
account                                                            -          -

Net profit for the year                                      289,579    324,650
                                                            --------   --------
Total recognised gains for the year                          289,579    324,650
                                                            ========   ========



                                                                               

Hidong Estate Plc
Preliminary Final Results
Balance Sheet as at 31st March 2005


                                                           2005          2004
                                                             RM            RM
FIXED ASSETS

Tangible fixed assets                                 7,677,932     7,631,942

CURRENT ASSETS

Stocks                                                  152,907        90,640
Debtors                                                 218,413       209,086
Cash at bank and in hand                              1,014,913       690,783
Tax refundable                                              204        50,720
                                                      ---------     ---------
                                                      1,386,437     1,041,229
                                                      ---------     ---------
CREDITORS: amounts falling due within one year         (315,543)     (221,976)
                                                      ---------     ---------
NET CURRENT ASSETS                                    1,070,894       819,253
                                                      ---------     ---------
TOTAL ASSETS LESS CURRENT LIABILITIES                 8,748,826     8,451,195
PROVISION FOR LIABILITIES AND CHARGES                  (563,186)     (555,134)
                                                      ---------     ---------
NET ASSETS                                            8,185,640     7,896,061
                                                      =========     =========
CAPITAL AND RESERVES
Called up share capital                               1,067,846     1,067,846
Revaluation reserve                                   5,832,048     5,832,048
Profit and loss account                               1,285,746       996,167
                                                      ---------     ---------
TOTAL EQUITY SHAREHOLDERS' FUNDS                      8,185,640     7,896,061
                                                      =========     =========

                                       .

Hidong Estate PLC
Preliminary Final Results
Cash flow statement for the year

ended 31st March 2005


                                                         2005             2004
                                                           RM               RM

NET CASH INFLOW FROM
OPERATING ACTIVITIES                                  407,408          315,766

RETURNS ON INVESTMENTS AND
SERVICING OF FINANCE
Interest received                                      25,833           16,620

TAXATION

Overseas tax paid                                     (74,021)          (1,801)
Overseas tax refunded                                  43,140           11,376

CAPITAL EXPENDITURE
Purchase of tangible fixed assets                     (78,230)               -

NET CASH INFLOW BEFORE
MANAGEMENT OF LIQUID RESOURCES                        324,130          341,961

MANAGEMENT OF LIQUID RESOURCES

Increase in short term deposits                      (420,000)        (350,000)
                                                    ---------        ---------
(DECREASE) IN CASH                                    (95,870)          (8,039)
                                                    =========        =========


The financial information set out above does not constitute statutory accounts
for the years ended 31st March 2005 or 2004 but derived from those accounts.
Statutory accounts for 2004 have been delivered to the Registrar of Companies,
and those for 2005 will be delivered following the Company's annual general
meeting. The auditors have reported on those accounts, their report were
unqualified and did not contain statements under section 237(2) of (3) of the
Companies Act 1985.




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