BEIJING YANHUA<00325> - Results Announcement

Sinopec Beijing Yanhua Petrochemical Company Limited announced on   2/4/2004:
(stock code: 00325 )
Year end date: 31/12/2003
Currency: RMB
Auditors' Report: Unqualified

                                                        (Audited   )
                                     (Audited   )       Last
                                     Current            Corresponding
                                     Period             Period
                                     from 1/1/2003      from 1/1/2002  
                                     to 31/12/2003      to 31/12/2002 
                               Note  ('000      )       ('000      )
Turnover                           : 11,473,928         9,443,061         
Profit/(Loss) from Operations      : 1,043,043          541,558           
Finance cost                       : (165,936)          (210,830)         
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       : 633,885            209,099           
% Change over Last Period          : +203      %
EPS/(LPS)-Basic (in dollars)       : 0.188              0.062             
         -Diluted (in dollars)     : N/A                N/A               
Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
Profit/(Loss) after ETD Items      : 633,885            209,099           
Final Dividend                     : RMB 0.05           NIL               
  per Share                                                               
(Specify if with other             : N/A                N/A               
  options)                                                                
                                                                          
B/C Dates for 
  Final Dividend                   : 19/5/2004          to 18/6/2004 bdi.
Payable Date                       : 2/7/2004  
B/C Dates for Annual         
  General Meeting                  : 19/5/2004          to 18/6/2004 bdi.
Other Distribution for             : N/A           
  Current Period                     
                                     
B/C Dates for Other 
  Distribution                     : N/A          

Remarks:


The calculation of basic earnings per share is based on the profit 
attributable to shareholders of RMB633,885,000 (2002: RMB209,099,000) and 
the weighted average number of shares of 3,374,000,000 (2002: 
3,374,000,000) during the year.

Diluted earnings per share is not presented as there were no dilutive 
potential ordinary shares in existence during the years ended 31 December 
2003 and 2002.