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3SBio Inc. Earnings Release 2005

Apr 19, 2006

49981_rns_2006-04-19_03acdf08-86d3-46f3-a171-dde355c5c8b3.htm

Earnings Release

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Listed Company Information

Listed Company Information
HK CHINESE LTD<00655> - Results Announcement

Hongkong Chinese Limited announced on 19/04/2006:
(stock code: 00655 )
Year end date: 31/12/2005
Currency: HKD
Auditors' Report: Unqualified

(Audited )
(Audited ) Last
Current Corresponding
Period Period
from 01/01/2005 from 01/01/2004
to 31/12/2005 to 31/12/2004
Note ('000 ) ('000 )
Turnover 1 : 1,186,933 1,325,136
Profit/(Loss) from Operations : 136,087 (51,509)
Finance cost : (7,363) (4,873)
Share of Profit/(Loss) of
Associates : (2,548) (6,517)
Share of Profit/(Loss) of
Jointly Controlled Entities : (423) N/A
Profit/(Loss) after Tax & MI : 111,761 (64,957)
% Change over Last Period : N/A %
EPS/(LPS)-Basic (in dollars) 2 : 0.083 (0.048)
-Diluted (in dollars) : N/A N/A
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit/(Loss) after ETD Items : 111,761 (64,957)
Final Distribution : 3 cents 3 cents
per Share
(Specify if with other : N/A N/A
options)

B/C Dates for
Final Distribution : 02/06/2006 to 09/06/2006 bdi.
Payable Date : 26/06/2006
B/C Dates for (-)
General Meeting : N/A
Other Distribution for : N/A
Current Period

B/C Dates for Other
Distribution : N/A

Remarks:

1. Turnover
Turnover, represents the aggregate of gross rental income, gross income on
treasury investment which includes interest income on bank deposits and
debt securities, gross income from securities investment which includes
proceeds from sales of investments, dividend income and related interest
income, gross income from underwriting and securities broking, interest
and other income from money lending business, and gross interest income,
commissions, dealing income and other revenues from a banking subsidiary.

Due to the adoption of the new and revised Hong Kong Financial Reporting
Standards ("HKFRSs") and Hong Kong Accounting Standards ("HKASs") during
the current year, the accounting treatment and presentation of certain
items have been revised to comply with the new requirement. Due to the
retrospective adoption of HKAS 27, the turnover for the year ended 31st
December, 2004 as shown in the announcement form has been restated to
include that attributable to the banking business on a gross rather than
net basis and the turnover derived from certain investment fund.

2. Earnings/(Loss) per share attributable to equity holders of the
Company

(a) Basic earnings/(loss) per share
Basic earnings/(loss) per share is calculated based on (i) the net profit
for the year attributable to equity holders of the Company of HK$111,761,
000 (2004 - net loss of HK$64,957,000); and (ii) the weighted average
number of 1,346,829,000 ordinary shares (2004 - 1,346,829,000 ordinary
shares) in issue during the year.

(b) Diluted earnings/(loss) per share
No diluted earnings/(loss) per share is presented for the years ended 31st
December, 2005 and 2004 as there were no dilutive potential ordinary
shares during these years.

3. Share of results of associates
As a result of the adoption of HKAS 1, the "Share of results of
associates" for the year ended 31st December, 2004 as shown in the
announcement form has been restated to include the share of tax
attributable to associates amounting to HK$1,208,000.