Asiabest Group International Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2017. For the quarter, the company reported loss before income tax of PHP 445,604 against PHP 246,380 a year ago. Net loss was PHP 445,604 against PHP 265,648 a year ago. Book value per share was PHP 0.96. Net loss per share was PHP 0.002 against PHP 0.004 a year ago. Net cash used in operating activities was PHP 25,817,882 against PHP 613,173 a year ago.