Shanghai Lujiazui Finance & Trade Zone Development Co., Ltd.
(Registered in People's Republic of China)
Report of Interim Results for the period ending June 30, 1999
(Unaudited)

1.Major items of the profit and loss account(consolidated):

Unit:RMB yuan

 

Jan-June 1999

Jan-June 1998

Main operating income

273,371,193.28

354,443,448.63

Main operating profit

77,080,226.11

195,329,265.13

Other operating profit

38,082,641.76

34,773,361.19

Investment income

1,782,109.54

705,336.83

Non operating earnings,net

393,573.39

458,600.37

Total profit

18,586,878.86

171,745,886.69

Income tax

2,641,890.99

27,330,117.04

Minority interests

4,544.951.30

10,928,411.40

Net profit

11,400,036.57

133,487,358.25

2. Major financial indicators(calculation based on stock capital on June 30, 1999):

(1)Earnings per share

0.0085Yuan

(2)Rate of return on net assets

0.28%

(3)Net assets per share

3.09Yuan

(4)Adjusted net asset per share

3.08Yuan

Board of Directors

Shanghai Lujiazui Finance and Trade Zone Development Co., Ltd.

August 25, 1999




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