ZJ PROSPECT<08273> - Results Announcement (Final, 2005, Summary) (Revised)

Zhejiang Propsect Company Limited announced on 28th March 2006:
(stock code: 08273 )

Year end date                         :31/12/2005
Currency                              :RMB
Auditors' report                      :Unqualified


Important Note :

This result announcement form only contains extracted information from
and should be read in conjunction with the detailed results announcement
of the issuer, which can be viewed on the GEM website at
http://www.hkgem.com

                                            ( Audited)         (Audited)
                                              Current Last Corresponding
                                               Period            Period
                                       from 01/01/2005   from 01/01/2004
                                         to 31/12/2005     to 31/12/2004
                                                 $'000             $'000

Turnover                              :         94,759            79,071
Profit/(Loss) from Operations         :         14,795            16,401
Finance cost                          :        (2,974)           (2,274)
Share of Profit/(Loss) of Associates  :            N/A               N/A
Share of Profit/(Loss) of Jointly
         Controlled Entites           :            N/A               N/A
Profit/(Loss) after Taxation & MI     :          7,598             9,133
% Change Over the Last Period         :         -16.81%
EPS / (LPS)
          Basic (in dollar)           :        RMB 0.1          RMB 0.12
          Diluted (in dollar)         :            N/A               N/A
Extraordinary (ETD) Gain/(Loss)       :            N/A               N/A
Profit (Loss) after ETD Items         :         7,598             9,133
Final Dividends per Share             :            NIL               NIL
(specify if with other options)       :            N/A               N/A
B/C Dates for Final Dividends         :            N/A
Payable Date                          :            N/A
B/C Dates for Annual General Meeting  :18/04/2006   to 17/05/2006   bdi.
Other Distribution for Current Period :            NIL
B/C Dates for Other Distribution      :            N/A
                                       (bdi: both days inclusive)

For and on behalf of
Zhejiang Propsect Company Limited

Signature :
Name      : Kwok Pui Ching
Title     : Company secretary

Responsibility statement

The directors of the Company (the "Directors") as at the date hereof
hereby collectively and individually accept full responsibility for the
accuracy of the information contained in this results announcement form
(the "Information") and confirm, having made all reasonable inquiries,
that to the best of their knowledge and belief the Information are
accurate and complete in all material respects and not misleading and
that there are no other matters the omission of which would make the
Information herein inaccurate or misleading.The Directors acknowledge
that the Stock Exchange has no responsibility whatsoever with regard to
the Information and undertake to indemnify the Exchange against all
liability incurred and all losses suffered by the Exchange in connection
with or relating to the Information.

Remarks:

The Company was established in the People's Republic of China
("PRC") under the Company Law of the PRC as a joint stock limited
company on 9th August 2002. The H shares of the Company were
listed on the Growth Enterprise Market (the "GEM") of The Stock
Exchange of Hong Kong Limited (the "Stock Exchange") on
18th February 2004. The Company is principally engaged in
the manufacturing and sale of universal joints for automobiles.


	
2. BASIS OF PERPARATION AND PRINCIPAL ACCOUNTING POLICIES
	
The unaudited results have been prepared in accordance with all
applicable individual Hong Kong Financial Reporting Standards ("HKFRS")
which includes all applicable individual Hong Kong Financial Reporting
Standards, Hong Kong Accounting Standards ("HKAS") and Interpretations
issued by the Hong Kong Institute of Certified Public Accountants and
and accounting principles generally accepted in Hong Kong. These
financial statements also comply with the applicable disclosure
provisions of the Rules Governing the Listing of securities on the
Growth Enterprise Market {"GEM") of the Stock Exchange of Hong Kong
Limited and the disclosure requirements of the Hong Kong Companies
Ordinance.
	
The Company has adopted the new/revised standards and interpretations
of HKFRS which are relevant to its operations. The 2004 comparatives
have been amended as required.
	
3. EARNING PER SHARE
The calculation of basic earnings per share for the two years ended
31st December 2005 and 31st December 2004 are based on the net profits
after tax of RMB7,598,000 (2004: restated RMB 9,133,000) and
76,600,000 shares (2004: weighted average number of 73,583,600)
issued during the year.
	
No diluted earnings per share have been presented as the Company did
not have any dilutive shares for the shares for the years ended
31st December 2004 and 2005.