08:55 TAN CHONG INT'L<00693> - Results Announcement Tan Chong International Limited announced on 16/03/2005: (stock code: 00693 ) Year end date: 31/12/2004 Currency: HKD Auditors' Report: Unqualified (Audited ) (Audited ) Last Current Corresponding Period Period from 01/01/2004 from 01/01/2003 to 31/12/2004 to 31/12/2003 Note ('000 ) ('000 ) Turnover : 5,251,540 4,281,553 Profit/(Loss) from Operations : 391,646 348,654 Finance cost : (9,119) (5,081) Share of Profit/(Loss) of Associates : 37,784 31,483 Share of Profit/(Loss) of Jointly Controlled Entities : N/A N/A Profit/(Loss) after Tax & MI : 340,774 288,993 % Change over Last Period : +17.92 % EPS/(LPS)-Basic (in dollars) : 0.169 0.144 -Diluted (in dollars) : N/A N/A Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : 340,774 288,993 Final Dividend : 4.0 cents 3.5 cents per Share (Specify if with other : N/A N/A options) B/C Dates for Final Dividend : 28/04/2005 to 13/05/2005 bdi. Payable Date : 17/06/2005 B/C Dates for Annual General Meeting : 28/04/2005 to 13/05/2005 bdi. Other Distribution for : N/A Current Period B/C Dates for Other Distribution : N/A Remarks: 1. Profit before Taxation and minority interests For the year ended 31 December 2004 2003 HK$'000 HK$'000 Profit before taxation and minority interests is arrived at after Charging/(crediting): Cost of goods sold 4,266,872 3,346,044 Interest expense 9,119 5,081 Amortisation of lease prepayments 3,656 3,374 Depreciation of property, plant and equipment 58,384 49,406 Gain on sale of property, plant and equipment (6,546) (6,426) Gain on sale of investments - ( 11,701) ==================================== 2. Basis of consolidation The consolidated accounts of the Company for the year ended 31 December 2004 comprise of the Company and all its subsidiaries (together referred to as the "Group") and the Group's interest in associates. For more details, please refer to the press announcement today.