RIVERHILL HOLD<08127> - Results Announcement (Final, 2002/2003, Summary)
Riverhill Holdings Limited announced on 26/09/2003:
(stock code: 08127 )
Year end date :30/06/2003
Currency :HKD
Auditors' report :Qualified
Review of Quarterly Report by :N/A
Important Note :
This result announcement form only contains extracted information from
and should be read in conjunction with the detailed results announcement
of the issuer, which can be viewed on the GEM website at
http://www.hkgem.com
(Audited) (Audited)
Current Last Corresponding
Period Period
from 01/07/2002 from 01/07/2001
to 30/06/2003 to 30/06/2002
$ $
Turnover : 4,282,167 4,418,284
Profit/(Loss) from Operations : (22,957,546) (19,416,103)
Finance cost : 0 (268,319)
Share of Profit/(Loss) of Associates : (136,661) (331,262)
Share of Profit/(Loss) of Jointly
Controlled Entites : 0 0
Profit/(Loss) after Taxation & MI : (22,604,068) (19,813,552)
% Change Over the Last Period : N/A
EPS / (LPS)
Basic (in dollar) : (HKD 0.0545) (HKD 0.0477)
Diluted (in dollar) : N/A N/A
Extraordinary (ETD) Gain/(Loss) : 0 0
Profit (Loss) after ETD Items : (22,604,068) (19,813,552)
Final Dividends per Share : NIL NIL
(specify if with other options) : N/A N/A
B/C Dates for Final Dividends : N/A
Payable Date : N/A
B/C Dates for (-) General Meeting : N/A
Other Distribution for Current Period : NIL
B/C Dates for Other Distribution : N/A
For and on behalf of
Riverhill Holdings Limited
Signature :
Name :Mr. Ng Kay Kwok
Title :Director
Responsibility statement
The directors of the Company (the "Directors") as at the date hereof
hereby collectively and individually accept full responsibility for the
accuracy of the information contained in this results announcement form
(the "Information") and confirm, having made all reasonable inquiries,
that to the best of their knowledge and belief the Information are
accurate and complete in all material respects and not misleading and
that there are no other matters the omission of which would make the
Information herein inaccurate or misleading. The Directors acknowledge
that the Stock Exchange has no responsibility whatsoever with regard
to the Information and undertake to indemnify the Exchange against all
liability incurred and all losses suffered by the Exchange in connection
with or relating to the Information.
Remarks:
Note 1 Basis of preparation
The financial statements have been prepared in accordance with Hong
Kong Statements of Standard Accounting Practice, accounting principles
generally accepted in Hong Kong and the disclosure requirements of
the Hong Kong Companies Ordinance. They have been prepared under the
historical cost convention.
Note 2 Loss per share
The calculation of the basic loss per share is based on the net loss
attributable to shareholders for the year of HK$22,604,068
(2002 : HK$19,813,552) and on the weighted average number of
415,000,000 (2002 : 415,000,000) ordinary shares in issue during
the year.
The diluted loss per share has not been presented as the outstanding
options had an anti-dilutive effect on the basic loss per share for
the years.
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