BEIJING YANHUA<00325> - Results Announcement

Sinopec Beijing Yanhua Petrochemical Company Limited announced on 15/08/2003:
(stock code: 00325 )
Year end date: 31/12/2003
Currency: RMB
Auditors' Report: N/A
Review of Interim Report by: Auditors

                                                        (Unaudited )
                                     (Unaudited )       Last
                                     Current            Corresponding
                                     Period             Period
                                     from 01/01/2003    from 01/01/2002
                                     to 30/06/2003      to 30/06/2002 
                               Note  ('000      )       ('000      )
Turnover                           : 5,493,482          4,224,370         
Profit/(Loss) from Operations      : 388,047            178,400           
Finance cost                       : (90,298)           (113,207)         
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       : 192,237            33,074            
% Change over Last Period          : +481.2    %
EPS/(LPS)-Basic (in dollars)       : 0.057              0.01              
         -Diluted (in dollars)     : N/A                N/A               
Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
Profit/(Loss) after ETD Items      : 192,237            33,074            
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:

1:

Turnover for the period ended 30 June 2002 was restated by gross of 
business tax and surcharges to confirm with current year's presentation.


2:

The calculation of basic earnings per share is based on the profit 
attributable to shareholders of RMB 192,237,000 (2002: RMB 33,074,000) and 
the weighted average number share of 3,374,000,000 (2002: 3,374,000,000) 
during the periods ended 30 June 2003 and 2002. 

Diluted earnings per share is not presented as there were no dilutive 
potential ordinary shares in existence during the periods ended 30 June 
2003 and 2002.