BEIJING YANHUA<00325> - Results Announcement

Sinopec Beijing Yanhua Petrochemical Company Limited announced on  20/8/2004:
(stock code: 00325 )
Year end date: 31/12/2004
Currency: RMB
Auditors' Report: N/A
Interim report reviewed by: Both Audit Committee and Auditors

                                                        (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                           : 7,669,587          5,493,482         
Profit/(Loss) from Operations      : 1,584,327          388,047           
Finance cost                       : (60,407)           (90,298)          
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       : 1,031,656          192,237           
% Change over Last Period          : +436.7    %
EPS/(LPS)-Basic (in dollars)    1  : 0.31               0.06              
         -Diluted (in dollars)     : N/A                N/A               
Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
Profit/(Loss) after ETD Items      : 1,031,656          192,237           
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:


The calculation of basic earnings per share is based on the profit 
attributable to shareholders for the period of RMB 1,031,656,000 (2003: 
RMB 192,237,000) and 3,374,000,000 (2003: 3,374,000,000) shares in issue 
during the period ended 30 June 2004.

Diluted earnings per share is not presented as there were no dilutive 
potential ordinary shares in existence during the periods ended 30 June 
2004 and 2003.