Asia Tele-Net & Technology Corp. Ltd. announced unaudited consolidated earnings results for the six months ended June 30, 2012. For the period, the company reported revenue of HKD 149,361,000, loss before taxation was HKD 26,639,000, loss for the year from continuing operations was HKD 26,901,000 and loss for the period attributable to owners of the company was HKD 26,972,000 or 6.32 cents per basic share against revenue of HKD 386,463,000, profit before taxation of HKD 10,943,000, profit for the year from continuing operations of HKD 9,916,000 and profit for the period attributable to owners of the company of HKD 6,839,000 or 2.08 cents per basic share a year ago.

Lower revenue reported during the period under review was mainly due to soft order backlogs captured since the quarter end of 2011. The on-going economic crisis in Euro-zone and sluggish recovery in US economy continued to hurt reporting revenue as customers remained cautious and tended to defer delivery and scale back their capital investments in uncertain economic environment.