09:01     GLOBAL BIO-CHEM<00809> - Results Announcement                       

    Global Bio-Chem Technology Group Company Limited announced on 12/04/2005: 
    (stock code: 00809 )                                                      
    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                           : 3,375,593          2,329,819         
    Profit/(Loss) from Operations      : 1,018,800          662,371           
    Finance cost                       : (28,029)           (23,873)          
    Share of Profit/(Loss) of                                                 
      Associates                       : N/A                N/A               
    Share of Profit/(Loss) of                                                 
      Jointly Controlled Entities      : (1,479)            (2,244)           
    Profit/(Loss) after Tax & MI       : 815,451            520,772           
    % Change over Last Period          : +57       %                          
    EPS/(LPS)-Basic (in dollars)       : 0.389              0.265             
             -Diluted (in dollars)     : 0.384              0.255             
    Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
    Profit/(Loss) after ETD Items      : 815,451            520,772           
    Final Dividend                     : 5.0 Cents          2.5 Cents         
      per Share                                                               
    (Specify if with other             : N/A                N/A               
      options)                                                                
                                                                              
    B/C Dates for                                                             
      Final Dividend                   : 17/05/2005         to 18/05/2005 bdi.
    Payable Date                       : 07/06/2005                           
    B/C Dates for Annual                                                      
      General Meeting                  : 17/05/2005         to 18/05/2005 bdi.
    Other Distribution for             : N/A                                  
      Current Period                                                          
                                                                              
    B/C Dates for Other                                                       
      Distribution                     : N/A                                  
                                                                              
    Remarks:                                                                  
                                                                              
    1       PROFIT FROM OPERATING ACTIVITIES                                  
                                                                              
    Profit from operating activities for the year is approximately HK$1,018,  
    800,000 (2003: HK$662,371,000).                                           
                                                                              
    2.      EARNINGS PER SHARE                                                
                                                                              
    The calculation of basic earnings per share is based on the consolidated  
    net profit from ordinary activities attributable to shareholders for the  
    year of approximately HK$815,451,000 (2003: HK$520,772,000), and the      
    weighted average number of 2,098,801,983 (2003: 1,963,138,555) ordinary   
    shares in issue during the year.                                          
                                                                              
    The calculation of diluted earnings per share is based on the             
    consolidated net profit from ordinary activities attributable to          
    shareholders for the year of approximately HK$815,451,000 (2003: HK$520,  
    772,000) and on 2,124,158,672 (2003: 2,038,370,758) ordinary shares, being
    the weighted average number of 2,098,801,983 (2003: 1,963,138,555)        
    ordinary shares in issue during the year, as used in the basic earnings   
    per share calculation, plus the weighted average of 25,356,689 (2003: 75, 
    232,203) ordinary shares assumed to have been issued at no consideration  
    on the deemed exercise of all share options during the year.  In addition,
    as the exercise price of the warrants was higher than the average market  
    price of the Company's ordinary shares during the year, no shares were    
    assumed to have been issued on deemed exercise of the Company's warrants  
    during the year.                                                          
                                                                              
    For more details, please refer to the press announcement today.