Chen Xing Development Holdings Limited announced unaudited consolidated earnings results for the six months ended June 30, 2015. For the six months, the company announced revenue of RMB 273,766,000 compared to RMB 67,432,000 for the same period a year ago. Profit before tax was RMB 39,177,000 compared to loss before tax of RMB 13,234,000 for the same period a year ago.

Profit and total comprehensive income for the period were RMB 23,280,000 compared to loss and total comprehensive loss for the period of RMB 10,714,000 for the same period a year ago. Profit and total comprehensive income attributable to owners of the parent company was RMB 23,391,000 or RMB 0.06 per basic and diluted share compared to loss and total comprehensive income attributable to owners of the parent company of RMB 11,264,000 or RMB 0.03 per basic and diluted share for the same period a year ago. The group's revenue increase was principally because the completion of Southern District of Phase I of Yosemite Valley Town - Taiyuan generated a substantial increase in revenue.

The group recorded a net cash inflow from operating activities of RMB 128.9 million for the six months ended 30 June 2015 while the group recorded a net cash inflow from operating activities of RMB 11.0 million for the six months ended 30 June 2014.