Xinjiang Qingsong Cement Co

Shanghai-listed Xinjiang Qingsong Cement Co., Ltd  has reported earnings per share of 0.079 yuan for the first half of 2004 ended June 30, down from 0.081 yuan for the same period of 2003. The company’s net profits before deduction of non- current gains and losses in the first half of 2004 reached 14.616 million yuan, as compared with 10.0587 million yuan for the same period of 2003. Its main operating turnover in the first half of 2004 stood at 122.9999 million yuan, up from 105.3165 million yuan in the same period of 2003. The company posted return on net assets of 3.14 per cent for the first half of 2004, down from 4.77 percent in the same period of 2003. Its adjusted net assets per share were 2.48 yuan at the end of June 2004, down from 2.54 yuan at the end of 2003. The company decided not to distribute profit for the first half of 2004.