08:56     HOPEFLUENT<00733> - Results Announcement (1)                        

    Hopefluent Group Holdings Limited announced on 19/04/2005:                
    (stock code: 00733 )                                                      
    Year end date: 31/12/2004                                                 
    Currency: HKD                                                             
    Auditors' Report: Unqualified                                             
                                                                              
                                                            (Audited   )      
                                         (Audited   )       Last              
                                         Current            Corresponding     
                                         Period             Period            
                                         from 01/01/2004    from 01/01/2003   
                                         to 31/12/2004      to 31/12/2003     
                                   Note  ('000      )       ('000      )      
    Turnover                           : 162,243            98,517            
    Profit/(Loss) from Operations      : 69,350             43,035            
    Finance cost                       : (785)              (763)             
    Share of Profit/(Loss) of                                                 
      Associates                       : N/A                N/A               
    Share of Profit/(Loss) of                                                 
      Jointly Controlled Entities      : 612                N/A               
    Profit/(Loss) after Tax & MI       : 48,594             42,086            
    % Change over Last Period          : +15.5     %                          
    EPS/(LPS)-Basic (in dollars)       : 0.332              0.36              
             -Diluted (in dollars)     : 0.313              0.314             
    Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
    Profit/(Loss) after ETD Items      : 48,594             42,086            
    Final Dividend                     : 5 cents            N/A               
      per Share                                                               
    (Specify if with other             : N/A                N/A               
      options)                                                                
                                                                              
    B/C Dates for                                                             
      Final Dividend                   : 23/05/2005         to 25/05/2005 bdi.
    Payable Date                       : 15/06/2005                           
    B/C Dates for Annual                                                      
      General Meeting                  : 23/05/2005         to 25/05/2005 bdi.
    Other Distribution for             : N/A                                  
      Current Period                                                          
                                                                              
    B/C Dates for Other                                                       
      Distribution                     : N/A                                  
                                                                              
    Remarks:                                                                  
                                                                              
    1. GROUP RESTRUCTURING AND BASIS OF PREPARATION OF FINANCIAL STATEMENTS   
                                                                              
    The Company was incorporated in the Cayman Islands under the Companies Law
    as an exempted company with limited liability on 8th August, 2002 and its 
    shares have been listed on the Main Board of The Stock Exchange of Hong   
    Kong Limited since 15th July, 2004.                                       
                                                                              
    Pursuant to a group reorganisation scheme to rationalise the structure of 
    the Group in preparation for the listing of the Company's shares on the   
    Stock Exchange (the "Group Reorganisation"), the Company became the       
    holding company of the Group on 24th June, 2004.  Details of the Group    
    Reorganisation were set out in the prospectus issued by the Company dated 
    30th June, 2004.                                                          
                                                                              
    The group comprising the Company and its subsidiaries (the "Group")       
    resulting from the Group Reorganisation is regarded as a continuing       
    entity.  Accordingly, the financial statements of the Group for the year  
    ended 31st December, 2003 and 31st December, 2004 have been prepared on   
    the basis as if the Company had always been the holding company of the    
    Group using the principles of merger accounting in accordance with the    
    Statement of Standard Accounting Practice 27 "Accounting for Group        
    Reconstructions" issued by the Hong Kong Institute of Certified Public    
    Accountants.                                                              
                                                                              
    The financial statements have been prepared under the historical cost     
    convention as modified for the revaluation of investment properties.      
                                                                              
    The accounting polices adopted are consistent with those followed by the  
    Group's audited financial information for the year ended 31 December 2003 
    as set out in the accountants' report included in the Prospectus.