Asiabest Group International Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2018. For the quarter, the company’s loss before income tax was PHP 297,273 against PHP 2,291,490 a year ago. Net loss was PHP 297,273 against PHP 2,291,490 a year ago. Net loss per share was PHP 0.001 against PHP 0.008 a year ago. Net cash used in operating activities was PHP 337,553 against PHP 2,476,379 a year ago. For the quarter, the company’s loss before income tax was PHP 655,452 against PHP 2,662,949 a year ago. Net loss was PHP 655,452 against PHP 2,662,949 a year ago. Net loss per share was PHP 0.002 against PHP 0.009 a year ago. Net cash used in operating activities was PHP 981,810 against PHP 3,252,117 a year ago. Negative return on asset was 0.002% against 0.010% a year ago. Negative return on equity was 0.002% against 0.010% a year ago. Book value per share was PHP 0.9 as on June 30, 2018, compared with PHP 0.9 as on December 31, 2017.