Celebrate International Holdings Limited announced audited consolidated earnings results for the year ended June 30, 2018. For the year, the company reported turnover of HKD 145,847,000 against HKD 205,669,000 a year ago. Revenue was HKD 41,399,000 against HKD 15,968,000 a year ago. Loss from operations was HKD 154,492,000 against HKD 109,011,000 a year ago. Loss before taxation was HKD 157,403,000 against HKD 110,423,000 a year ago. Loss attributable to owners of the company was HKD 155,179,000 against HKD 110,440,000 a year ago. Loss per share attributable to the owners of the company was HKD 0.10 against HKD 0.25 a year ago. The Group reported net cash flows of approximately HKD 75.3 million compared to approximately HKD 48.0 million used in operating activities for fiscal year of 2018. The reduction in net cash used was primarily due to reduction in purchases of financial assets at fair value through profit or loss. Additions to property, plant & equipment was HKD 269,000 compared with HKD 1,823,000 a year ago. The increase in revenue was primarily attributable to the revenue contributed by the food and beverage trading, which is a new business segment acquired by the Group in July 2017.