China Conch Venture Holdings Limited announced unaudited consolidated earnings results for the six months ended June 30, 2018. For the six months, the company reported revenue of RMB 1,019,888,000 against RMB 1,040,977,000 a year ago. Profit from operations was RMB 406,382,000 against RMB 410,699,000 a year ago. Profit before taxation was RMB 2,635,845,000 against RMB 1,595,772,000 a year ago, representing an increase of 65.18% as compared with the corresponding period of the previous year, which was mainly due to the increase in net profits from Conch Holdings, an associate of the Group. Share of profit of an associate amounted to RMB 2,241.74 million, representing a period-on- period increase of 87.17%, and profit before taxation from principal businesses amounted to RMB 394.11 million, representing a period-on-period decrease of 0.99%, mainly due to the decrease in profit from energy saving equipment. Profit for the period attributable to equity shareholders of the company was RMB 2,530,320,000 against RMB 1,441,449,000 a year ago. Basic and diluted earnings per share were RMB 1.40 against RMB 0.80 a year ago. Net cash generated from operating activities was RMB 136,011,000 compared to RMB 18,886,000 a year ago, which was mainly due to increase in inflows of operational cash from the solid waste solutions, port logistics businesses and increase in collection of trade receivables from energy saving equipment business.