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Sun.King Technology Group Limited Earnings Release 2001

Aug 16, 2001

49312_rns_2001-08-16_12618d41-9027-4321-ac06-1f6cc47ed34b.htm

Earnings Release

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Listed Company Information

MAANSHAN IRON<0323> - Results Announcement (Summary)

Maanshan Iron & Steel Company Limited announced on 16/8/2001:
(stock code: 323)

Please refer to the press announcement for the details of the audit
committee's review report on the interim financial statement, to be issued
by the Company on 17/8/2001.

Year end date: 31/12/2001
Currency: RMB (Unaudited)
(Unaudited) Last
Current Corresponding
Period Period
from 1/1/2001 from 1/1/2000
to 30/6/2001 to 30/6/2000
('000) ('000)
Turnover : 4,721,611 3,732,616
Profit/(Loss) from Operations : 208,359 180,003
Finance cost : (81,411) (105,882)
Share of Profit/(Loss) of Associates : - -
Share of Profit/(Loss) of
Jointly Controlled Entities : - -
Profit/(Loss) after Tax & MI : 103,969 63,474
% Change over Last Period : +64%
EPS/(LPS)-Basic : RMB1.61 cents RMB0.98 cent
-Diluted : N/A N/A
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit/(Loss) after ETD Items : 103,969 63,474
Interim Dividend per H Share : Nil Nil
(Specify if with other options) : - -
B/C Dates for Interim Dividend : N/A
Payable Date : N/A
B/C Dates for (-) General Meeting : N/A
Other Distribution for Current Period : Nil
B/C Dates for Other Distribution : N/A

Remark:

Finance costs of prior year have been separately disclosed in order to
conform with current year's presentation.