09:20     SINO BIOPHARM<01177> - Results Announcement (1)                     

    Sino Biopharmaceutical Limited announced on 30/03/2005:                   
    (stock code: 01177 )                                                      
    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                           : 1,050,383          821,700           
    Profit/(Loss) from Operations      : 265,828            167,470           
    Finance cost                       : (1,348)            (1,380)           
    Share of Profit/(Loss) of                                                 
      Associates                       : N/A                N/A               
    Share of Profit/(Loss) of                                                 
      Jointly Controlled Entities      : 54,985             7,411             
    Profit/(Loss) after Tax & MI       : 168,337            81,615            
    % Change over Last Period          : +106.3    %                          
    EPS/(LPS)-Basic (in dollars)       : 0.1263             0.0615            
             -Diluted (in dollars)     : 0.1162             0.0558            
    Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
    Profit/(Loss) after ETD Items      : 168,337            81,615            
    Final Dividend                     : 4 cents            10 cents          
      per Share                                                               
    (Specify if with other             : N/A                N/A               
      options)                                                                
                                                                              
    B/C Dates for                                                             
      Final Dividend                   : 10/05/2005         to 13/05/2005 bdi.
    Payable Date                       : 31/05/2005                           
    B/C Dates for Annual                                                      
      General Meeting                  : 10/05/2005         to 13/05/2005 bdi.
    Other Distribution for             : Bonus issue of 1 share for every 2   
      Current Period                     existing shares                      
                                                                              
    B/C Dates for Other                                                       
      Distribution                     : 10/05/2005         to 13/05/2005 bdi.
                                                                              
    Remarks:                                                                  
                                                                              
    (1)     Basis of consolidation                                            
    The consolidated financial statements include the financial statements of 
    the Company and its subsidiaries for the year.  The results of            
    subsidiaries acquired or disposed of during the year are consolidated from
    or to their effective dates of acquisition or disposal, respectively.     
                                                                              
    All significant intercompany transactions and balances within the Group   
    are eliminated on consolidation.                                          
                                                                              
    The Group's financial statements have been prepared in accordance with    
    Hong Kong Financial Reporting Standards (which also include Statements of 
    Standard Accounting Practice and Interpretations) issued by the Hong Kong 
    Institute of Certified Public Accountants, accounting principles generally
    accepted in Hong Kong and the disclosure requirements of the Hong Kong    
    Companies Ordinance.  They have been prepared under the historical cost   
    convention, except for the periodic remeasurement of certain fixed assets.
                                                                              
    The Hong Kong Institute of Certified Public Accountants has issued a      
    number of new Hong Kong Financial Reporting Standards and Hong Kong       
    Accounting Standards ("new HKFRSs") which are generally effective for     
    accounting periods beginning on or after 1 January, 2005.  The Group has  
    not early adopted these new HKFRSs in the financial statements for the    
    year ended 31 December, 2004.  The new HKFRS may result in changes in the 
    future as to how the Group's financial performance and financial position 
    are prepared and presented.                                               
                                                                              
    During the year, the Group consistently applied the accounting policies   
    stated in the financial statements for the year ended 31 December, 2004.