LUOYANG GLASS<1108> - Results Announcement

Luoyang Glass Company Limited announced on 14/8/2000:
(stock code: 1108)
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                         : 422,705          338,556
    - Discontinued                       : -                -
Operating Profit/(Loss)
    - Continuing                         : 40,505           (31,429)
    - Discontinued                       : -                -
Total Operating Profit/(Loss)            : 40,505           (31,429)
Share of Profit/(Loss) of
  Associated Companies                   : (1,834)          (2,242)
Share of Profit/(Loss) of
  Jointly Controlled Entities            : -                -
Profit/(Loss) after Tax & MI             : 32,204           (18,738)
% Change over Last Period                : N/A
EPS/(LPS)-Basic                          : RMB0.046         (RMB0.027)
         -Diluted                        : N/A              N/A
Extraordinary (ETD) Gain/(Loss)          : -                -
Profit/(Loss) after ETD Items            : 32,204           (18,738)
Interim Dividend per H Share             : Nil              Nil
(Specify if with other options)          : -                -
B/C Dates for Interim Dividend           : -
Payable Date                             : -
B/C Dates for (-) General Meeting        : -
Other Distribution for Current Period    : - 
B/C Dates for Other Distribution         : -

Remark:

The presentation and classification of items in the financial summary for 
the period ended 30 June 2000 have been changed due to the adoption of the 
requirements of IAS 1 (revised 1997) in preparing for the audited accounts 
for the year ended 31 December 1999, "Presentation of financial 
statements". As a result, comparative figures have been reclassified to 
conform with current period's presentation.