08:59     CHINA RICH HOLD<01191> - Results Announcement (2)                   

    3. Principal accounting policies                                          
                                                                              
    The principal accounting policies adopted are consistent with those set   
    out in the Group's annual financial statements for the year ended 31 July 
    2004.                                                                     
                                                                              
    4. Turnover                                                               
                                                                              
                                       Six months ended                       
                                         31 January                           
                                     2005            2004                     
                                  HK$'000         HK$'000                     
                                                                              
    Sales of properties in the PRC  1,434           2,266                     
    Provision of medical and                                                  
      health services in the PRC    7,760           6,980                     
    Operation of a golf resort      2,140           1,908                     
                                   -------------------------                  
                                   11,334          11,154                     
                                   =========================                  
                                                                              
                                                                              
                                                                              
    5. Loss per share                                                         
                                                                              
    The calculation of the basic loss per share is based on the net loss for  
    the six months ended 31 January 2005 of HK$10,196,000 (six months ended 31
    January 2004: HK$27,852,000) and 2,256,666,196 (six months ended 31       
    January 2004: 2,256,666,196) ordinary shares in issue during the period.  
                                                                              
    The computation of diluted loss per share does not assume the exercise of 
    the potential shares since their exercise would result in a reduction in  
    loss per share.                                                           
                                                                              
    For more details, please refer to the press announcement today.