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HONESTYTREASURE<00600> - Results Announcement

Honesty Treasure International Holdings Limited announced on 18/09/2006:
(stock code: 00600 )
Year end date: 31/12/2006
Currency: HKD
Auditors' Report: N/A
Interim report reviewed by: Both Audit Committee and Auditors

                                                        (Unaudited )
                                     (Unaudited )       Last
                                     Current            Corresponding
                                     Period             Period
                                     from 01/01/2006    from 01/04/2005
                                     to 30/06/2006      to 30/09/2005
                               Note  ('000      )       ('000      )
Turnover                           : 34,771             44,401            
Profit/(Loss) from Operations      : (14,359)           (9,758)           
Finance cost                       : (1,027)            (93)              
Share of Profit/(Loss) of 
  Associates                       : 45,015             34,364            
Share of Profit/(Loss) of
  Jointly Controlled Entities      : N/A                N/A               
Profit/(Loss) after Tax & MI       : 24,189             (3,496)           
% Change over Last Period          : N/A       %
EPS/(LPS)-Basic (in dollars)       : 0.0092             (0.0017)          
         -Diluted (in dollars)     : 0.0087             N/A               
Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
Profit/(Loss) after ETD Items      : 24,189             (3,496)           
Interim Dividend                   : N/A                N/A
  per Share                                              
(Specify if with other             : N/A                N/A
  options)                                               
                                                         
B/C Dates for 
  Interim Dividend                 : N/A   
Payable Date                       : N/A
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.      Change of financial year end date

During last financial year, the directors of the Company resolved to 
change its accounting year end date from 31 March to 31 December in order 
to facilitate the preparation of the consolidated accounts.  As a result, 
the amounts for the current period cover the six months period from 1 
January 2006 to 30 June 2006.  Accordingly, the comparative amounts cover 
the six months from 1 April 2005 to 30 September 2005, being the period 
covered by last interim report.

2.      Turnover

Analysis of turnover from continuing operations and discontinued 
operations:
                                                 Unaudited               
                                             Six months ended             
                                        30 June         30 September            
                                          2006                 2005
                                        HK$'000             HK$'000
Continuing operations                   34,771               44,401
Discontinued operations                  9,300                3,689
                                        ---------------------------
                                        44,071               48,090
                                        ===========================

3.      Loss from operations

Loss from operations is analyzed into loss from continuing operations and 
discontinued operations:
                                                Unaudited                       
                                             Six months ended                
                                        30 June         30 September
                                        2006                    2005
                                        HK$'000              HK$'000
Continuing operations                   (9,773)              (7,365)
Discontinued operations                 (4,586)              (2,393)
                                        ----------------------------
                                        (14,359)             (9,758)
                                        =======              =======