08:52     CHINA GREEN<00904> - Results Announcement (1)                       

    China Green (Holdings) Limited announced on 19/01/2005:                   
    (stock code: 00904 )                                                      
    Year end date: 30/04/2005                                                 
    Currency: RMB                                                             
    Auditors' Report: N/A                                                     
    Interim report reviewed by: Audit Committee                               
                                                                              
                                                            (Unaudited )      
                                         (Unaudited )       Last              
                                         Current            Corresponding     
                                         Period             Period            
                                         from 01/05/2004    from 01/05/2003   
                                         to 31/10/2004      to 31/10/2003     
                                   Note  ('000      )       ('000      )      
    Turnover                           : 177,898            135,606           
    Profit/(Loss) from Operations      : 82,602             68,482            
    Finance cost                       : N/A                N/A               
    Share of Profit/(Loss) of                                                 
      Associates                       : N/A                N/A               
    Share of Profit/(Loss) of                                                 
      Jointly Controlled Entities      : N/A                N/A               
    Profit/(Loss) after Tax & MI       : 62,058             59,476            
    % Change over Last Period          : +4.34     %                          
    EPS/(LPS)-Basic (in dollars)       : 0.1                0.13              
             -Diluted (in dollars)     : N/A                N/A               
    Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
    Profit/(Loss) after ETD Items      : 62,058             59,476            
    Interim Dividend                   : HK$0.0297          NIL               
      per Share                                                               
    (Specify if with other             : N/A                N/A               
      options)                                                                
                                                                              
    B/C Dates for                                                             
      Interim Dividend                 : 03/02/2005         to 04/02/2005 bdi.
    Payable Date                       : 07/02/2005                           
    B/C Dates for (-)                                                         
      General Meeting                  : N/A                                  
    Other Distribution for             : N/A                                  
      Current Period                                                          
                                                                              
    B/C Dates for Other                                                       
      Distribution                     : N/A                                  
                                                                              
    Remarks:                                                                  
                                                                              
                                                                              
    1.      Basis of preparation and accounting policies                      
                                                                              
    The unaudited condensed consolidated interim financial statements have    
    been prepared in accordance with the disclosure requirements of Appendix  
    16 to the Rules Governing the Listing of Securities on The Stock Exchange 
    of Hong Kong Limited (the "Listing Rules") issued by The Stock Exchange of
    Hong Kong Limited (the "HKSE") and with Hong Kong Statement of Standard   
    Accounting Practice (the "SSAP") No. 25 "Interim Financial Reporting"     
    issued by the Hong Kong Institute of Certified Public Accountants (the "  
    HKICPA").                                                                 
                                                                              
    The accounting policies and basis of preparation used in the preparation  
    of unaudited condensed consolidated interim financial statements are      
    consistent with those used in the preparation of Group's annual financial 
    statements for the year ended 30 April 2004 except the first time adoption
    of the following SSAP.                                                    
                                                                              
    SSAP 36 "Agriculture"                                                     
                                                                              
    The principal effect of adoption of SSAP36 is in relation to the          
    agricultural activity.  SSAP36 requires the measurement of biological     
    assets at their fair value less point-of-sales costs and introduces       
    certain new disclosure requirements for biological assets and agricultural
    produce.  The adoption of SSAP 36 has resulted in changing the Group's    
    accounting policy and applied retrospectively.  As a result, comparative  
    figures have been restated.