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HONESTYTREASURE<00600> - Results Announcement

Honesty Treasure International Holdings Limited announced on 24/04/2006:
(stock code: 00600 )
Year end date: 31/12/2005
Currency: HKD
Auditors' Report: Unqualified

                                                        (Audited   )
                                     (Audited   )       Last
                                     Current            Corresponding
                                     Period             Period
                                     from 01/04/2005    from 01/04/2004
                                     to 31/12/2005      to 31/03/2005
                               Note  ('000      )       ('000      )
Turnover                           : 73,589             207,107           
Profit/(Loss) from Operations      : (19,560)           (14,971)          
Finance cost                       : (191)              (943)             
Share of Profit/(Loss) of 
  Associates                       : 86,140             5,299             
Share of Profit/(Loss) of
  Jointly Controlled Entities      : N/A                N/A               
Profit/(Loss) after Tax & MI       : 38,399             (108,308)         
% Change over Last Period          : N/A       %
EPS/(LPS)-Basic (in dollars)       : 0.0178             (0.0885)          
         -Diluted (in dollars)     : 0.0167             N/A               
Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
Profit/(Loss) after ETD Items      : 38,399             (108,308)         
Final Dividend                     : Nil                Nil
  per Share                                              
(Specify if with other             : N/A                N/A
  options)                                               
                                                         
B/C Dates for 
  Final Dividend                   : N/A   
Payable Date                       : N/A
B/C Dates for (-)            
  General Meeting                  : N/A   
Other Distribution for             : Conditional bonus warrant issues on
  Current Period                     the basis of 1 warrant for every 10
                                     shares held on record date(25/5/2006)
B/C Dates for Other 
  Distribution                     : 22/05/2006         to 25/05/2006 bdi.
  
Remarks:

1.      Change of financial year end date

The financial statements for the current period cover a period of 9 months 
from 1 April 2005 to 31 December 2005.  The corresponding comparative 
amounts shown for the consolidated income statement cover a 12 months 
period from 1 April 2004 to 31 March 2005 and therefore may not be 
comparable with amounts shown for the current period.

2.      Proposal for conditional bonus warrant issue

On 24 April 2006, the Board proposes a conditional bonus warrant issue to 
the shareholders on the basis of one warrant for every ten shares of the 
Company.  Further details of this proposal will be separately published in 
an announcement to be issued as soon as possible and a subsequent circular 
relating to this proposal for conditional bonus warrant issue.