RIVERHILL HOLD<08127> - Results Announcement (Q2, 2004/2005, Summary)


Riverhill Holdings Limited  announced on 02/02/2005:
(stock code: 08127 )

Year end date                         :30/06/2005
Currency                              :HKD
Auditors' report                      :N/A
2nd Quarterly Report Reviewed by      :Audit Committee

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

                                          (Un-Audited)      (Un-Audited)
                                              Current Last Corresponding
                                               Period            Period
                                      from  01/07/2004   from 01/07/2003
                                         to 31/12/2004     to 31/12/2003
                                                 $'000             $'000

Turnover                              :            612                 0
Profit/(Loss) from Operations         :             14             (806)
Finance cost                          :              0                 0
Share of Profit/(Loss) of Associates  :              0                 0
Share of Profit/(Loss) of Jointly
         Controlled Entites           :            N/A               N/A
Profit/(Loss) after Taxation & MI     :              4           (9,376)
% Change Over the Last Period         :            N/A
EPS / (LPS)
          Basic (in dollar)           :    HKD 0.00001        HKD 0.0226
          Diluted (in dollar)         :            N/A               N/A
Extraordinary (ETD) Gain/(Loss)       :            N/A               N/A
Profit (Loss) after ETD Items         :             4            (9,376)
2nd Quarter Dividends per Share       :            NIL               NIL
(specify if with other options)       :            N/A               N/A
B/C Dates for 2nd Quarter 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      : Shum Sai
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 resonable inquires,
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
	
The Unaudited consolidated interim financial statments are prepared
in accordance with Statements of Standard Accounding Practice issued
by the Hong Kong Institute of Certified Public Accountants, the
disclosure requirements set out in Chapter 18 of the GEM Listing Rules.
The accounting policies adopted in the preparation of the unaudited
consolidated interim financial statements of the Group are consistent
with those adopted by the Group in its annual report for the year
ended 30 June 2004.
	
2.  Turnover
Turnover represents the value of services rendered and the net invoice
value of goods sold, after allowances for returns, trade discounts and
sales tax.
	
3.  Earning per share
	
The calculation of the basic earning per share for the three months
ended 31 December 2004 is based on the net profit attributable to
shareholders for the period of HK$131,000 (2003: Loss of HK$376,000)
and on issued number of 415,000,000 (2003: 415,000,000) ordinary shares
in issue during the period.
	
The calculation of the basic earning per share for the six months
ended 31 December 2004 is based on the net profit attributable to
shareholders for the period of HK$4,000 (2003: Loss of HK$9,376,000)
and on the issued number of 415,000,000 (2003: 415,000,000) ordinary
shares in issue during the period.
	
The diluted earning per share has not been presented as the outstanding
options had an anti-dilutive effect on the basic earning per share for
the period.
	
4.  Interim dividends
	
The directors do not recommend the payment of any interim dividend in
respect of the six months ended 31 December 2004. (2003:Nil)