Asiabest Group International, Inc. reported unaudited consolidated and parent earnings results for the second quarter and six months ended June 30, 2017. For the quarter, on parent basis, the company's loss before income tax of PHP 2,291,490 compared to profit of PHP 224,700 a year ago. Net loss was PHP 2,291,490 or PHP 0.004 per share compared to profit of PHP 224,700 or PHP 0.004 per share a year ago. Net cash used in operating activities was PHP 2,476,379 compared to net cash provided by operating activities of PHP 225,751 a year ago. Book value per share was PHP 0.9 compared to PHP 0.85 per share as on December 31, 2016. For the six months, on parent basis, the company's loss before income tax of PHP 2,662,949 compared to profit of PHP 22,193 a year ago. Net loss was PHP 2,662,949 or PHP 0.009 per share compared to profit of PHP 22,193 a year ago. Net cash used in operating activities was PHP 3,252,117 compared to PHP 216,442 a year ago. For the quarter, on consolidated basis, the company's income before income tax was PHP 293,367 and net income was PHP 226,776 or PHP 0.004 per share. Net cash provided by operating activities was PHP 224,591. For the six months, on consolidated basis, the company's income before income tax was PHP 45,031 and net loss was PHP 40,437 or PHP 0.001 per share. Net cash used in operating activities was PHP 388,582.