SOUNDWILL HOLD<00878> - Results Announcement

Soundwill Holdings Limited announced on  21/4/2004:
(stock code: 00878 )
Year end date: 31/12/2003
Currency: HKD
Auditors' Report: Unqualified

                                                        (Audited   )
                                     (Audited   )       Last
                                     Current            Corresponding
                                     Period             Period
                                     from 1/1/2003      from 1/1/2002  
                                     to 31/12/2003      to 31/12/2002 
                               Note  ('000      )       ('000      )
Turnover                           : 124,603            129,410           
Profit/(Loss) from Operations      : 116,639            (323,382)         
Finance cost                       : (54,658)           (95,713)          
Share of Profit/(Loss) of 
  Associates                       : (4)                4                 
Share of Profit/(Loss) of
  Jointly Controlled Entities      : N/A                N/A               
Profit/(Loss) after Tax & MI       : 61,806             (411,771)         
% Change over Last Period          : N/A       %
EPS/(LPS)-Basic (in dollars)       : 0.9821             (6.605)           
         -Diluted (in dollars)     : 0.9816             N/A               
Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
Profit/(Loss) after ETD Items      : 61,806             (411,771)         
Final Dividend                     : 2 cents            NIL               
  per Share                                                               
(Specify if with other             : N/A                N/A               
  options)                                                                
                                                                          
B/C Dates for 
  Final Dividend                   : 25/5/2004          to 31/5/2004 bdi.
Payable Date                       : 18/6/2004 
B/C Dates for (-)            
  General Meeting                  : N/A          
Other Distribution for             : Bonus issue of shares                
  Current Period                     one bonus share for every 5 shares   
                                     
B/C Dates for Other 
  Distribution                     : 25/5/2004          to 31/5/2004 bdi.