FE PHARMA TECH<00399> - Results Announcement

Far East Pharmaceutical Technology Co., Limited announced on 26/03/2004:
(stock code: 00399 )
Year end date: 30/06/2004
Currency: HKD
Auditors' Report: N/A
Interim report reviewed by: Audit Committee

                                                        (Unaudited )
                                     (Unaudited )       Last
                                     Current            Corresponding
                                     Period             Period
                                     from 01/07/2003    from 01/07/2002
                                     to 31/12/2003      to 31/12/2002 
                               Note  ('000      )       ('000      )
Turnover                           : 559,525            458,656           
Profit/(Loss) from Operations      : 165,549            121,691           
Finance cost                       : (3,844)            N/A               
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       : 120,387            87,665            
% Change over Last Period          : +37.33    %
EPS/(LPS)-Basic (in dollars)       : 0.059              0.0431            
         -Diluted (in dollars)     : 0.056              0.0419            
Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
Profit/(Loss) after ETD Items      : 120,387            87,665            
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 PER SHARE

The calculation of basic and fully diluted earnings per share is based on 
the net profit from ordinary activity of the Group attributable to 
shareholders of HK$120,387,000 (2002: HK$87,665,000) and the weighted 
average number of ordinary shares in issued during the period of 
2,039,764,139 shares (2002: 2,035,728,000 shares after adjusted for the 
effect of the share subdivision).

The calculation of fully diluted earnings per share is based on the 
weighted average number of ordinary shares in issue during the period of 
2,039,764,139 shares (2002: 2,035,728,000 shares after adjusted for the 
effect of share subdivision) plus the weighted average of ordinary shares 
deemed to be issued at no consideration of 110,293,561 shares (2002: 
56,181,628 shares after adjusted for the effect of share subdivision) if 
all outstanding options have been exercised.