Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
CHINA SANJIANG FINE CHEMICALS COMPANY LIMITED中國三江精細化工有限公司
(incorporated in the Cayman Islands with limited liability)
(stock code: 2198) CLARIFICATION ANNOUNCEMENT - INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2016Reference is made to the interim result announcement for the six months ended 30 June 2016 (the "2016 Interim Result Announcement") of China Sanjiang Fine Chemicals Company Limited (the "Company") dated 29 August 2016. Unless otherwise defined, terms used herein shall have the same meaning as defined in the 2016 Interim Result Announcement.
The Company noted certain clerical mistakes in the 2016 Interim Result Announcement and wishes to make the following clarifications:
On page 12 of the 2016 Interim Result Announcement, the Company disclosed the results of the joint ventures in Note 7 to the condensed consolidated financial statements and the results of the joint ventures should read as follow with the change duly double-underlined:-
" Results of the joint ventures:
For the six months ended For the year ended
30 June 2016 31 December 2015
Mei Fu Port RMB'000 | Mei Fu Petrochemical RMB'000 | Mei Fu Mei Fu Port Petrochemical RMB'000 RMB'000 | ||
(Jan-Apr) | ||||
Revenue | - 1,252,290 | 29,976 | 2,678,626 | |
Interest income | - 11,537 | 347 | 14,164 | |
Cost of sales | - (1,029,035) | (4,240) | (2,340,705) | |
Depreciation and Amortization | - (40,894) | (3,671) | (96,560) | |
Interest expenses | - (62,739) | - | (124,634) | |
Income tax expense | - (31,557) | (5,941) | (27,764) | |
Profit and total |
comprehensive
"
income for the period - 95,689 17,609 75,214 Dividend received - - - -
There is no change in the content and information contained in the 2016 Interim Result Announcement save for the aforementioned correction of clerical error.
By order of the Board
China Sanjiang Fine Chemicals Company Limited GUAN JianzhongChairman and executive Director
People's Republic of China, 30 August 2016
As at the date of this announcement, the Board comprises four executive Directors: Mr. GUAN Jianzhong, Ms. HAN Jianhong, Mr. NIU Yingshan, Mr. HAN Jianping and three independent non-executive Directors: Mr. SHEN Kaijun, Ms. PEI Yu and Mr. KONG Liang.
China Sanjiang Fine Chemicals Co. Ltd. published this content on 30 August 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 31 August 2016 07:53:02 UTC.
Original documenthttp://www.chinasanjiang.com/files/upload/announcements/LTN20160830069.pdf
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