CHONGQING IRON<1053> - Results Announcement

Chongqing Iron & Steel Company Limited announced on 23/8/2000:
(stock code: 1053)
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                         : 1,734,853        1,362,443
    - Discontinued                       : N/A              N/A
Operating Profit/(Loss)
    - Continuing                         : 26,949           14,039
    - Discontinued                       : N/A              N/A
Total Operating Profit/(Loss)            : 26,949           14,039
Share of Profit/(Loss) of
  Associated Companies                   : N/A              N/A
Share of Profit/(Loss) of
  Jointly Controlled Entities            : N/A              N/A
Profit/(Loss) after Tax & MI             : 23,731           5,342
% Change over Last Period                : +344.23%
EPS/(LPS)-Basic                          : RMB 2 cents      RMB 0.5 cent
         -Diluted                        : N/A              N/A
Extraordinary (ETD) Gain/(Loss)          : N/A              N/A
Profit/(Loss) after ETD Items            : 23,731           5,342
Interim Dividend per H Share             : NIL              NIL
(Specify if with other options)          : N/A              N/A
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    : N/A
B/C Dates for Other Distribution         : N/A