GUANGZHOU PHAR<00874> - Results Announcement

Guangzhou Pharmaceutical Company Limited announced on  27/8/2004:
(stock code: 00874 )
Year end date: 31/12/2004
Currency: RMB
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                           : 3,990,729          3,577,432         
Profit/(Loss) from Operations      : 111,291            177,405           
Finance cost                       : (22,482)           (15,607)          
Share of Profit/(Loss) of 
  Associates                       : (239)              161               
Share of Profit/(Loss) of
  Jointly Controlled Entities      : N/A                (225)             
Profit/(Loss) after Tax & MI       : 34,076             91,102            
% Change over Last Period          : -62.6     %
EPS/(LPS)-Basic (in dollars)       : 0.042              0.112             
         -Diluted (in dollars)     : N/A                N/A               
Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
Profit/(Loss) after ETD Items      : 34,076             91,102            
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