Listed Company Information
 

CENTRAL CHINA<00351> - Results Announcement

Central China Enterprises Limited announced on  27/9/2004:
(stock code: 00351 )
Year end date: 31/12/2004
Currency: HKD
Auditors' Report: N/A
Interim report reviewed by: Audit Committee

                                                        (Unaudited )
                                     (Unaudited )       Last
                                     Current            Corresponding
                                     Period             Period
                                     from 1/1/2004      from 1/1/2003  
                                     to 30/6/2004       to 30/6/2003  
                               Note  ('000      )       ('000      )
Turnover                           : 74,329             348               
Profit/(Loss) from Operations      : (15,091)           (22,007)          
Finance cost                       : (275)              (793)             
Share of Profit/(Loss) of 
  Associates                       : N/A                (7,244)           
Share of Profit/(Loss) of
  Jointly Controlled Entities      : N/A                N/A               
Profit/(Loss) after Tax & MI       : 20,057             (37,228)          
% Change over Last Period          : N/A       %
EPS/(LPS)-Basic (in dollars)       : 0.0396             (0.1398)          
         -Diluted (in dollars)     : N/A                N/A               
Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
Profit/(Loss) after ETD Items      : 20,057             (37,228)          
Interim Dividend                   : NIL                NIL               
  per Share                                                               
(Specify if with other             : N/A                N/A               
  options)                                                                
                                                                          
B/C Dates for 
  Interim 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:

                                    
EARNINGS/(LOSS) PER SHARE

The calculation of basic earnings (loss) per share for the six months 
ended 30 June 2004 is based on the net profit for the six months ended 30 
June 2004 of approximately HK$20,057,000 (six months ended 30 June 2003: 
loss of approximately HK$37,228,000) and on the weighted average of 
506,963,474 ordinary shares (six months ended 30 June 2003 (restated): 
266,337,015 ordinary shares) in issue during the period.

The weighted average number of shares for the last period has been 
adjusted for the share consolidation and share subdivision effected on 10 
February 2004 and 31 May 2004 respectively.

No diluted earnings per share has been presented for the six months ended 
30 June 2004 as the exercise of the Company's outstanding share options 
would have an anti-dilutive effect in diluted earnings per share. No 
diluted loss per share had been presented for the six months ended 30 June 
2003 as the exercise of the share options would result in a decrease in 
loss per share for the period.