MAANSHAN IRON<00323> - Results Announcement (Summary)

Maanshan Iron & Steel Company Limited announced on 15/8/2002:
(stock code: 323)
Year end date: 31/12/2002
Currency: RMB
Auditors' Report: N/A
Review of Interim Report by: Audit Committee
                                                            (Unaudited)
                                           (Unaudited)      Last
                                           Current          Corresponding
                                           Period           Period
                                           from 1/1/2002    from 1/1/2001
                                           to 30/6/2002     to 30/6/2001
                                           ('000)           ('000)
Turnover                                 : 5,154,673        4,721,611
Profit/(Loss) from Operations            : 222,396          208,359
Finance cost                             : (49,673)         (81,411)
Share of Profit/(Loss) of Associates     : -                -
Share of Profit/(Loss) of
  Jointly Controlled Entities            : -                -
Profit/(Loss) after Tax & MI             : 143,423          103,969
% Change over Last Period                : +38%
EPS-Basic                                : RMB2.22 cents    RMB1.61 cents
   -Diluted                              : N/A              N/A
Extraordinary (ETD) Gain/(Loss)          : -                -
Profit after ETD Items                   : 143,423          103,969
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