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Sun.King Technology Group Limited Earnings Release 1998

Apr 29, 1999

49312_rns_1999-04-29_32039406-2996-447c-b02e-c352dd1c639f.htm

Earnings Release

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Listed Company Information

MAANSHAN IRON<0323> - Results Announcement

Maanshan Iron & Steel Company Limited announced on 28/4/1999:
(stock code: 323)
Year end date: 31/12/1998
Currency: RMB
Last
Current Corresponding
Period Period
from 1/1/1998 from 1/1/1997
to 31/12/1998 to 31/12/1997
('000) ('000)
Turnover/Interest Income : 6,232,109 6,646,860
Profit-Continuing Operations
- Operating Profit/(Loss) : 7,894 72,497
- Exceptional Items : (175,000) -
- Discontinued Operations : - -
Total Operating Profit/(Loss) : (167,106) 72,497
Share of Profit/(Loss) of
Associated Companies : - -
Profit/(Loss) after Tax & MI : (167,941) 61,622
% Change over Last Period : N/A
EPS/(LPS)-Basic : (RMB2.60 cents) RMB0.95 cent
-Diluted : - -
Extraordinary (ETD) Gain/(Loss) : - -
Profit/(Loss) after ETD Items : (167,941) 61,622
Final Dividend per H Share : NIL NIL
(Specify if with other options) : - -
B/C Dates for Final Dividend : -
Payable Date : -
B/C Dates for Annual General Meeting : To be announced
Other Distribution for Current Period : -
B/C Dates for Other Distribution : -


Remark:

The exceptional items in 1998 represents provision for overdue fixed
deposits placed with PRC non-bank financial institutions.

For more details, please refer to the press announcement today.