Sun.King Technology Group Limited — Earnings Release 2003

Apr 13, 2004

Listed Company Information

Listed Company Information
MAANSHAN IRON<00323> - Results Announcement Maanshan Iron & Steel Company Limited announced on 13/4/2004: (stock code: 00323 ) Year end date: 31/12/2003 Currency: RMB Auditors' Report: Unqualified (Audited ) (Audited ) Last Current Corresponding Period Period from 1/1/2003 from 1/1/2002 to 31/12/2003 to 31/12/2002 Note ('000 ) ('000 ) Turnover : 15,740,348 10,973,917 Profit/(Loss) from Operations : 2,969,259 505,096 Finance cost : (105,027) (101,902) Share of Profit/(Loss) of Associates : N/A N/A Share of Profit/(Loss) of Jointly Controlled Entities : N/A N/A Profit/(Loss) after Tax & MI : 2,659,198 339,729 % Change over Last Period : +682.74 % EPS/(LPS)-Basic (in dollars) : 0.4119 0.0526 -Diluted (in dollars) : N/A N/A Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : 2,659,198 339,729 Final Dividend : RMB 21 cents RMB 3.5 cents per Share (Specify if with other : N/A N/A options) B/C Dates for Final Dividend : To Be Announced Payable Date : To Be Announced B/C Dates for Annual General Meeting : To Be Announced Other Distribution for : N/A Current Period B/C Dates for Other Distribution : N/A Remarks: 1. The calculation of basic earnings per share is based on the net profit from ordinary activities attributable to shareholders for the year of approximately RMB2,659,198,000 (2002 (restated): approximately RMB339,729,000) and 6,455,300,000 (2002: 6,455,300,000) ordinary shares in issue during the year. No diluted earnings per share is presented as the Company does not have any dilutive potential ordinary shares. 2. The Group has adopted the SSAP 12 (revised) "Income taxes" issued by the Hong Kong Society of Accountants. Due to the adoption of the revised SSAP, the accounting treatment and presentation of certain items and balances in the consolidated financial statements have been revised to comply with the new requirements. Accordingly, a prior year adjustment has been made and certain comparative amounts have been restated to conform with the current year's presentation.