3rd Quarter Results-Replace

30 Oct 2006 10:03

Asia Cement Corporation30 October 2006 Note: Following the replacement of the 3Q results released at 9:13 Period is ended Sep. 30, 2006, instead of Sep.30, 2005 Below is finalized corrected announcement for 3Q result of ACC. Asia Cement Corporation Balance sheet Sep 30, 2006 (In Thousand New Taiwan Dollars) Asset Amount Liabilities & Shareholders' Equity Amount Current Asset 5,162,138 Current Liabilities 4,535,030 Long Term investment 62,263,517 Long term interest bearing Liabilities 13,838,024 Fixed assets 1,923,410 Provision for land tax 1,443,866 Other assets 8,334,032 Other Liabilities 1,807,308 - Total Liabilities 21,624,228 - - - Capital Stock 25,321,212 - Capital Surplus 9,687,081 - Retained earnings 16,912,882 - Other adjustment for Retained earnings 4,137,694 - Total Equity 56,058,869 Total Assets 77,683,097 Total Liabilities & Shareholders' Equity 77,683,097 Asia Cement Corporation Statement of Income For the nine months ended Sep 30,2006 (In Thousand New Taiwan Dollars, except earnings per share) Item Amount Net sales 8,029,306 Cost of good sold 5,974,866 Gross Profit 2,054,440 Unrealized Gross Profit (7,508) Realized Gross Profit 2,046,932 Operating Expense 320,625 Operating income 1,726,307 Non-operation Income 4,886,740 Non-operation Expense 512,081 Income before tax 6,100,966 Tax 466,619 Accumulative effect of changes in accounting 53,780 principles Net income 5,688,127 Earnings per share after tax 2.25 This information is provided by RNS The company news service from the London Stock Exchange