Listed Company Information
 

SINOUNION PETRO<00346> - Results Announcement

Sino Union Petroleum & Chemical International Limited announced on 28/07/2005:
(stock code: 00346 )
Year end date: 31/03/2005
Currency: HKD
Auditors' Report: Unqualified

                                                        (Audited   )
                                     (Audited   )       Last
                                     Current            Corresponding
                                     Period             Period
                                     from 01/04/2004    from 01/04/2003
                                     to 31/03/2005      to 31/03/2004
                               Note  ('000      )       ('000      )
Turnover                           : 884,347            453,344           
Profit/(Loss) from Operations      : 8,994              15,482            
Finance cost                       : (5,683)            (92)              
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       : (1,022)            12,862            
% Change over Last Period          : N/A       %
EPS/(LPS)-Basic (in dollars)       : (0.001)            0.012             
         -Diluted (in dollars)     : N/A                0.011             
Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
Profit/(Loss) after ETD Items      : (1,022)            12,862            
Final Dividend                     : NIL                NIL
  per Share                                              
(Specify if with other             : N/A                N/A
  options)                                               
                                                         
B/C Dates for 
  Final Dividend                   : N/A   
Payable Date                       : N/A
B/C Dates for (-)            
  General Meeting                  : N/A   
Other Distribution for             : N/A
  Current Period                     
                                     
B/C Dates for Other 
  Distribution                     : N/A   
  
Remarks:

1.      (LOSS) / EARNINGS PER SHARE
                                                2005            2004
                                                HK$'000         HK$'000
       
(Loss) / Profit attributable to shareholders    (1,022)         12,862
                                              ==========================                                
	                
                                              No. of shares  No of shares
                                              in thousand    in thousand        
Weighted average number of ordinary shares 
  in issue                                    1,197,000      1,084,172          
                                              
Incremental shares from assumed exercise                                
  of share options                            17,746         56,046
                                              ----------------------------
Diluted weighted average number of shares     1,214,146      1,140,218
                                              ============================
Basic (loss) / earnings per share             (HK0.1 cent)    HK1.2 cent
                                              ============================
Diluted (loss) / earnings per share           N/A             HK1.1 cent
                                              ============================

Diluted loss per share amount for the year ended 31 March 2005 has not 
been presented as the effect of the assumed conversion of the Company's 
outstanding share options would be anti-dilutive.

2.      TURNOVER AND PROFIT FROM OPERATING ACTIVITIES

An analysis of the Group's turnover and (loss) / profit from operating 
activities is as follows:
                                                         Group
                                                2005            2004
                                                HK$'000         HK$'000
Turnover

Continuing      
   Sale of goods                                652,717         453,344

Discontinuing
   Sale of goods                                231,630         -
                                                ------------------------
                                                884,347         453,344
                                                ========================
Profit from Operating Activities
Continuing:                                     10,061          17,772
Discontinuing:                                  (240)           -
                                                ------------------------
                                                9,821           17,772
Interest income                                 2               45      
Unallocated expenses                            (829)           (2,335)         
                                                ------------------------
                                                8,994           15,482
                                                ========================