DGAP-News

Greater China Precision Components Ltd.: 2014 First Half Year Financial Results - Seite 2

As such, whilst the performance of GCPC in 1H14 was better than 1H13, the
outlook for the full year performance remain challenging.

Reminder

GCPC had been approved for the termination of inclusion of Entry Standard
Market of Frankfurt Stock Exchange by Deutsche Börse AG on 8 August, 2014.
The inclusion of the shares will end on 30 September, 2014. For more
information, please refer to our announcements dated 09 August, 2014 and 14
August, 2014.

For detailed information on GCPC please visit www.greater-cpc.com.

The Board of Directors / Singapore, 09 September 2014

GCPC's key figures for 2014 H1 at a glance (in RMB Mio.):
(conversion rate used is 1 RMB=0.1191 EUR per 30/06/2014)

                                                    1H14    1H13  Change %

-------------------------------------------------- ------- ------- ------

Sales                                           RMB  374.4   252.0   48.5

Earnings before interest and taxes (EBIT)       RMB   18.0    13.3   35.3

Net profit                                      RMB   14.5     8.3   74.6

Basic earnings per share (EPS)                  RMB   0.56*   0.32*    75



Gross profit margin                             %     18.3    19.2  (4.69)

Net profit margin                               %      3.9     3.3   18.2

Depreciation                                    RMB   20.6    18.2   13.2

Capital expenditures                            RMB   29.9    10.7  179.4



Number of employees (average)                         3425    3109   10.1

Average number of shares (million)                    25.8    25.8    0.0



                                                     1H14    2H13 Change %



Cash & bank balances                            RMB   76.1    68.1   11.7

Other current assets                            RMB  559.1   743.8  (24.8)

Non-Current Assets                              RMB  461.8   439.8      5

Current liabilities                             RMB  386.7   563.1  (31.3)

 

*The calculation of the basic EPS for 1H13 and 1H14 is based on the
weighted average number of ordinary shares in issue of 25,844,495 and
25,844,495, respectively.

Financial Calendar
- Termination of Inclusion in Entry Standard Market of Frankfurt Stock
Exchange: 30 September 2014 (www.greater-cpc.com)

Forward-looking statements:
This press release contains statements about future developments that are
based on currently available information and may involve risks and
uncertainties, the result of which may be that the actual results differ