China National Culture Group Limited announced unaudited consolidated earnings results for the six months ended September 30, 2015. For the six months, the company reported turnover of HKD 10,238,000 against HKD 1,904,000 a year ago. Profit from operating activities was HKD 622,003,000 against HKD 6,911,000 a year ago.
Profit before taxation was HKD 609,679,000 against loss before taxation of HKD 5,359,000 a year ago. Profit for the period attributable to owners of the company was HKD 506,745,000 or 9.04 cents basic and diluted per share against loss for the period attributable to owners of the company of HKD 5,359,000 or 0.16 cents basic and diluted per share a year ago. The increase in turnover in the current interim period mainly because the group commenced e-commerce business during the current interim period and increase in customers in advertising segment compare to corresponding period last year.