Gansu Qilianshan Cement

Gansu Qilianshan Cement
Published: 24 March 2004

Shanghai-listed Gansu Qilianshan Cement Co has reported earnings per share of 0.115 yuan for the accounting year of 2003 ended Dec. 31, down from 0.12 yuan for the previous year. The company’s net profits before deduction of non-current gains and losses in 2003 reached 39.9337 million yuan, as compared with 41.7741 million yuan in 2002. Its main operating turnover in 2003 stood at 461.3381 million yuan, up from 382.8185 million yuan in 2002. The company posted return on net assets of 6.03 per cent for 2003, down from 6.69 per cent in 2002. Its adjusted net assets per share were 1.86 yuan at the end of 2003, up from 1.78 yuan at the end of 2002.