Haitian Energy International Limited announced unaudited consolidated earnings results for the first quarter ended March 31, 2017. For the quarter, the company reported turnover was RMB 32.107 million against RMB 51.876 million a year ago. Such decrease in revenue was mainly due to the fact that the decrease in precipitation in Shouning County, Zhouning County and Fuan City in Fujian Province during the three months ended 31 March 2017 as compared with the corresponding period in 2016. Profit before taxation was RMB 4.298 million against RMB 15.327 million a year ago. Profit attributable to owners of the company was RMB 0.190 million against profit of RMB 7.302 million a year ago. Basic and diluted earnings per share were 0.002 RMB cents against profit of 0.081 RMB cents a year ago.