Carnival Group International Holdings Limited reported unaudited consolidated earnings results for the six months ended June 30, 2016. For the period, the company reported revenue of HKD 520,770,000 against HKD 504,200,000 a year ago. Loss before tax was HKD 169,976,000 against profit of HKD 73,466,000 a year ago. Loss for the year attributable to owners of the company was HKD 156,406,000 or 1.048 cents per basic and diluted share against profit of HKD 100,485,000 or 0.727 cents per basic and diluted share a year ago. For the six months ended 30 June 2016, the revenue was mostly derived from the sale of residential units of the completed properties in Qingdao and Chengdu in the PRC. The loss was mainly due to the increase in selling and marketing expenses of approximately HKD 244.5 million and the increase in administrative expenses of approximately HKD 96.6 million.