MAANSHAN IRON<0323> - Results Announcement

Maanshan Iron & Steel Company Limited announced on 24/8/2000:
(stock code: 323)
Year end date: 31/12/2000
Currency: RMB                                               (Unaudited)
                                           (Unaudited)      Last
                                           Current          Corresponding
                                           Period           Period
                                           from 1/1/2000    from 1/1/1999
                                           to 30/6/2000     to 30/6/1999
                                           ('000)           ('000)
Turnover
    - Continuing                         : 3,732,616        2,965,752
    - Discontinued                       : -                -
Operating Profit/(Loss)
    - Continuing                         : 74,121           (59,032)
    - Discontinued                       : -                -
Total Operating Profit/(Loss)            : 74,121           (59,032)
Share of Profit/(Loss) of
  Associated Companies                   : -                -
Share of Profit/(Loss) of
  Jointly Controlled Entities            : -                -
Profit/(Loss) after Tax & MI             : 63,474           (59,041)
% Change over Last Period                : N/A
EPS/(LPS)-Basic                          : RMB0.98 cent     (RMB0.91 cent)
         -Diluted                        : N/A              N/A
Extraordinary (ETD) Gain/(Loss)          : N/A              N/A
Profit/(Loss) after ETD Items            : 63,474           (59,041)
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    : -
B/C Dates for Other Distribution         : -