09:05     ECOGREEN<02341> - Results Announcement                              

    EcoGreen Fine Chemicals Group Limited announced on 13/04/2005:            
    (stock code: 02341 )                                                      
    Year end date: 31/12/2004                                                 
    Currency: RMB                                                             
    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                           : 276,491            223,152           
    Profit/(Loss) from Operations      : 77,053             61,854            
    Finance cost                       : (7,772)            (7,174)           
    Share of Profit/(Loss) of                                                 
      Associates                       : N/A                N/A               
    Share of Profit/(Loss) of                                                 
      Jointly Controlled Entities      : N/A                N/A               
    Profit/(Loss) after Tax & MI       : 64,052             54,680            
    % Change over Last Period          : +17       %                          
    EPS/(LPS)-Basic (in dollars)       : 0.16               0.18              
             -Diluted (in dollars)     : N/A                N/A               
    Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
    Profit/(Loss) after ETD Items      : 64,052             54,680            
    Final Dividend                     : HK$0.0175          N/A               
      per Share                                                               
    (Specify if with other             : N/A                N/A               
      options)                                                                
                                                                              
    B/C Dates for                                                             
      Final Dividend                   : 13/05/2005         to 18/05/2005 bdi.
    Payable Date                       : 10/06/2005                           
    B/C Dates for Annual                                                      
      General Meeting                  : 13/05/2005         to 18/05/2005 bdi.
    Other Distribution for             : N/A                                  
      Current Period                                                          
                                                                              
    B/C Dates for Other                                                       
      Distribution                     : N/A                                  
                                                                              
    Remarks:                                                                  
                                                                              
    1       Business segment                                                  
    No segment information by business segment is presented as the Group      
    operates in one business segment - manufacturing and selling of fine      
    chemicals.                                                                
                                                                              
    Geographical segment                                                      
    An analysis of the Group's turnover and segment results by geographical   
    location, which is determined based on the destination of shipment/       
    delivery of goods, is as follows:                                         
                                                                              
                                            Turnover        Segment results   
                                            2004    2003    2004    2003      
                                            RMB'000 RMB'000 RMB'000 RMB'000   
                                                                              
    Mainland China                          229,309 181,136 71,575  53,274    
    Hong Kong                               6,954   19,410  1,097   3,640     
    Others                                  40,228  22,606  8,121   4,249     
                                            ------- ------- ------- -------   
                                            276,491 223,152 80,793  61,163    
                                            ======= =======                   
    Net unallocated corporate (expenses)/income             (3,740) 691       
                                                            ------- -------   
    Operating profit                                        77,053  61,854    
                                                            ======= =======   
                                                                              
    No geographical analysis of capital expenditures, depreciation and        
    amortisation is presented as substantially all of the Group's capital     
    expenditures, depreciation and amortisation are incurred in respect of    
    assets located in Mainland China.                                         
                                                                              
    2       The basic earnings per share is calculated based on the           
    consolidated profit attributable to shareholders of RMB64,052,000 (2003:  
    RMB54,680,000) and on the weighted average number of 393,633,800 (2003:   
    300,000,000) shares in issue during the year.                             
                                                                              
    Diluted earnings per share is not presented as the potential ordinary     
    shares that were outstanding during the year were anti-dilutive during the
    year ended 31st December 2004 and there was no dilutive potential ordinary
    shares as at 31st December 2003.                                          
                                                                              
    For more details, please refer to the press announcement today.