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CSPC Pharmaceutical Group Limited Earnings Release 2004

Apr 11, 2005

49680_rns_2005-04-11_b3a25529-0c2d-451a-862b-cebf4f86d16a.htm

Earnings Release

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Listed Company Information

Listed Company Information
CHINA PHARMA<01093> - Results Announcement

China Pharmaceutical Group Limited announced on 11/04/2005:
(stock code: 01093 )
Year end date: 31/12/2004
Currency: HKD
Auditors' Report: Unqualified

(Audited )
(Audited ) Last
Current Corresponding
Period Period
from 01/01/2004 from 01/01/2003
to 31/12/2004 to 31/12/2003
Note ('000 ) ('000 )
Turnover : 2,450,649 2,478,426
Profit/(Loss) from Operations : 273,117 618,289
Finance cost : (27,959) (25,361)
Share of Profit/(Loss) of
Associates : N/A N/A
Share of Profit/(Loss) of
Jointly Controlled Entities : 4,008 7,610
Profit/(Loss) after Tax & MI : 245,011 504,169
% Change over Last Period : -51 %
EPS/(LPS)-Basic (in dollars) : 0.1593 0.3327
-Diluted (in dollars) : N/A 0.3283
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit/(Loss) after ETD Items : 245,011 504,169
Final Dividend : Nil 7.0 cents
per Share
(Specify if with other : N/A N/A
options)

B/C Dates for
Final Dividend : N/A
Payable Date : N/A
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. Profit from operations
2004 2003
HK$'000 HK$'000
Profit from operations has been arrived
at after charging (crediting):

Amortisation of intangible assets 12,405 13,770
Amortisation of goodwill 3,183 3,168
Depreciation of property, plant and equipment 168,236 129,024
Bank interest income (2,454) (1,589)
======= =======

2. Earnings per share

The calculation of basic earnings per share for the year ended
December 31, 2004 is based on the net profit for the year of HK$245,011,
000 and the 1,538,124,661 shares in issue during the year.

No diluted earnings per share was presented for the year ended December
31, 2004 as there was no potential ordinary shares in issue during the
year.

The calculation of basic and diluted earnings per share for the
year ended December 31, 2003 was based on the following data:


2003
Profit attributable to shareholders
HK$504,169,000

===============
Weighted average number of ordinary
shares for the purposes of basic
earnings per share
1,515,192,387

Effect of dilutive potential ordinary
shares in respect of share options
20,501,401

______________
Weighted average number of ordinary
shares for the purposes of diluted
earnings per share
1,535,693,788

==============