Asia Tele-Net & Technology Corp. Ltd. announced unaudited consolidated earnings results for the six months ended June 30, 2016. For the period, the company reported revenue of HKD 308,114,000 against HKD 187,494,000 a year ago. Profit before taxation was HKD 8,842,000 against HKD 28,375,000 a year ago. Profit for the period was HKD 5,732,000 against HKD 28,201,000 a year ago. Profit for the period attributable to owners of the company was HKD 5,620,000 against HKD 27,722,000 a year ago. Basic earnings per share were 1.32 cents against 6.50 cents a year ago. The significant drop in group's profit attributable to owners of the company during the period under review was primarily due to the change from a net positive change recorded in the previous period to a net negative change recorded in the period under review in the fair value of investments held for trading and reduced profit margin from 26% to 21%. Higher revenue reported during the period under review was mainly due to increased sales in high-end communication device and automobile.