China Flavors And Fragrances Company Limited announced unaudited consolidated earnings results for the six months ended June 30, 2016. For the period, revenue was RMB 400,131,000, operating profit was RMB 86,944,000, profit before income tax was RMB 80,058,000, profit for the period was RMB 58,752,000 and profit attributable to owners of the company was RMB 48,302,000 or RMB 0.07 per dilute share against revenue of RMB 342,029,000, operating profit of RMB 56,386,000, profit before income tax of RMB 56,696,000, profit for the period of RMB 42,250,000 and profit attributable to owners of the company of RMB 31,112,000 or RMB 0.05 per dilute share for the same period a year ago. The increase in net profit was a combination of the improvements across the three segments of flavor enhancers, food flavors and fine fragrances, as well as contribution from the two new segments for the first time. Net profit margin for the six months ended 30 June 2016 increased to approximately 14.7% (2015: 12.4%). During the six months ended 30 June 2016, the Group had cash outflow of approximately RMB 110.5 million (2015: RMB 99.1 million) investment in fixed assets, of which RMB 3.8 million (2015: RMB 4.7 million) was used for the purchase of machinery. At 30 June 2016, the Group had capital commitments of RMB 152.9 million (31 December 2015: RMB 180.7 million) in respect of fixed assets and acquisitions, which are to be funded by internal resources and financing.