Asiabest Group International Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported loss before income tax of PHP 281,477 compared to income before tax of PHP 41,759 a year ago. Net loss was PHP 311,228 or PHP 0.005 per share compared to PHP 36,802 or PHP 0.001 per share a year ago.

Net cash used in operating activities was PHP 1,022,199 compared to PHP 1,171,859 a year ago.