ECOGREEN<02341> - Results Announcement

EcoGreen Fine Chemicals Group Limited announced on 13/09/2006:
(stock code: 02341 )
Year end date: 31/12/2006
Currency: RMB
Auditors' Report: N/A
Interim report reviewed by: Audit Committee
                                                        (Restated)
                                                        (Unaudited )
                                     (Unaudited )       Last
                                     Current            Corresponding
                                     Period             Period
                                     from 01/01/2006    from 01/01/2005
                                     to 30/06/2006      to 30/06/2005
                               Note  ('000      )       ('000      )
Turnover                           : 253,510            171,012           
Profit/(Loss) from Operations      : 54,111             42,493            
Finance cost                       : (3,334)            (3,357)           
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       : 46,468             35,730            
% Change over Last Period          : +30       %
EPS/(LPS)-Basic (in dollars)       : 0.101              0.086             
         -Diluted (in dollars)     : N/A                N/A               
Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
Profit/(Loss) after ETD Items      : 46,468             35,730            
Interim Dividend                   : HK$0.008           HK$0.008
  per Share                                              
(Specify if with other             : N/A                N/A
  options)                                               
                                                         
B/C Dates for 
  Interim Dividend                 : 08/11/2006         to 10/11/2006 bdi.
Payable Date                       : 24/11/2006
B/C Dates for (-)            
  General Meeting                  : N/A   
Other Distribution for             : N/A
  Current Period                     
                                     
B/C Dates for Other 
  Distribution                     : N/A   

Remarks:

1.       Earnings per share
The calculation of basic earnings per share for profit attributable to 
equity holders of the Company is based on the Group's profit for the 
period attributable to equity holders of the Company of approximately 
RMB46,468,000  (six months ended 30 June 2005: approximately RMB35,730,000 
(restated)) and on the number of 461,000,000 (2005: 415,000,000) ordinary 
shares in issue during the period. 

No diluted earnings per share has been presented because the exercise 
price of the Company's share options was higher than the average market 
price of the Company's shares during the period. 


2.       Comparative figures
Certain comparative figures have been restated to conform to the current 
period presentation. The change relates to a more meaningful restatement 
in share-based payment and impairment of goodwill, as follows:

                                                Six months 
                                                ended 30 June
                                                2005
                                                (Unaudited)
                                                RMB'000
Recognition of share-based payments as expenses in relation to share 
options granted on 8 June 2004                  2,676
Increase in impairment of goodwill              379
                                                ------
Decrease in profit                              3,055
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