Sino Energy International Holdings Group Limited announced unaudited consolidated earnings results for the six months ended June 30, 2017. For the six months, the company reported revenue of RMB 108,925,000 against RMB 125,446,000 a year ago. Loss from operations was RMB 25,051,000 against RMB 38,893,000 a year ago. Loss before tax was RMB 95,677,000 against RMB 77,556 a year ago. Loss for the period attributable to owners of the company was RMB 97,665,000 or RMB 0.06 basic and diluted per share against RMB 77,375,000 or RMB 0.05 basic and diluted per share a year ago. Revenue was decreased by 13.2% as compared to the corresponding period in 2016, mainly due to the decline of revenue of footwear business caused by the rapid development of online shopping, the consistent deterioration of the market conditions, and the continuous sluggish retail environment which is partly offset by the increase of contribution of gas station business. Loss attributable to owners of the company increased by 26.2%, as compared to the corresponding period in 2016, primarily due to the rising finance cost due to the increase in debentures, promissory notes and convertible bonds to fund the operation, which was partly offset by the turnaround from gross loss for the six months ended 30 June 2016 to gross profit for the six months ended 30 June 2017.