China Gaoxian Fibre Fabric Holdings Ltd. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2018. For the quarter, revenue was RMB 697,313,000 against RMB 496,214,000 a year ago. Loss before taxation was RMB 60,936,000 against RMB 34,605,000 a year ago. Net loss attributable to shareholders representing total comprehensive loss for the period attributable to equity holders of the company was RMB 60,936,000 against RMB 34,605,000 a year ago. Net cash generated from operating activities was RMB 107,374,000 against RMB 3,436,000 a year ago. Purchase of property, plant and equipment was RMB 11,203,000 against RMB 881,000 a year ago. Loss per basic and diluted share was RMB 0.53 against RMB 0.30 a year ago. The higher loss before tax was mainly attributed to the depreciation of property, plant and equipment ("PPE") amounted to RMB 34.2 million. In addition, the financial expense is also a factor of the net loss. The net profit would be RMB 14.5 million if such factors are being excluded. The increase in revenue was mainly due to the resumption of Huaxiang Plant's full production capacity for FDY, POY and PET chips since the second quarter for the financial year ended December 31, 2017. For six months, revenue was RMB 1,414,718,000 against RMB 1,057,984,000 a year ago. Loss before taxation was RMB 69,832,000 against RMB 82,501,000 a year ago. Net loss attributable to shareholders representing total comprehensive loss for the period attributable to equity holders of the company was RMB 69,832,000 against RMB 82,501,000 a year ago. Net cash flows from operating activities were RMB 118,874,000 against RMB 74,105,000 a year ago. Purchase of property, plant and equipment was RMB 19,936,000 against RMB 10,273,000 a year ago. Loss per basic and diluted share was RMB 0.61 against RMB 0.73 a year ago. Negative group net asset value per share was RMB 4.39.