RIVERHILL HOLD<08127> - Results Announcement (Final, 2003/2004, Summary)



Riverhill Holdings Limited  announced on 22/12/2004:
(stock code: 08127 )

Year end date                         :30/06/2004
Currency                              :HKD
Auditors' report                      :Unqualified


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 01/07/2003   from 01/07/2002
                                         to 30/06/2004     to 30/06/2003
                                                 $'000             $'000

Turnover                              :              0             4,282
Profit/(Loss) from Operations         :        (2,170)          (22,957)
Finance cost                          :              0                 0
Share of Profit/(Loss) of Associates  :              0             (137)
Share of Profit/(Loss) of Jointly
         Controlled Entites           :            N/A               N/A
Profit/(Loss) after Taxation & MI     :       (10,740)          (22,604)
% Change Over the Last Period         :            N/A
EPS / (LPS)
          Basic (in dollar)           :    (HKD 0.0259)      (HKD 0.0545)
          Diluted (in dollar)         :            N/A               N/A
Extraordinary (ETD) Gain/(Loss)       :             0                 0
Profit (Loss) after ETD Items         :       (10,740)          (22,604)
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
                                       (bdi: both days inclusive)

For and on behalf of
Riverhill Holdings Limited

Signature :
Name      : Sze Edvon Yeung Lung
Title     : Executive 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:
	
1.  Basis of presentation
	
These finacial statements have been prepared in accordance with Hong
Kong Statements of Standard Accounting Practice, accoutning principles
generally accepted in Hong Kong and disclosure requirements of Hong
Kong Companies Ordinance. They have been prepared under the historical
cost convention. All intercompany transactions and balances within
the Group have been eliminated on consolidation.
	
2.  Turnover
	
The Company did not receive any turnover during the year.
Turnover of last financial year represented the value of
services rendered and the net invoice value of goods sold,
after allowances for returns, trade discounts and sales tax.
	
3.  Loss per shares
	
The calculation of the basis loss per share is based on the net loss
attributable to shareholders for the year of HK$ 10,740,000 (2003:
HK$ 22,604,000) and on the weighted average number of 415,000,000
(2003: 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 periods.
	
4.  Final dividends
	
The directors do not recommend the payment of any final dividend in
respect of the year ended 30 June 2004. (2003:Nil)