China Shengmu Organic Milk Limited announced unaudited consolidated earnings results for the six months ended June 30, 2018. For the period, the company reported revenue of RMB 1,400,105,000 compared to RMB 1,152,184,000 a year ago. Loss before tax was RMB 1,181,356,000 compared to profit of RMB 105,634,000 a year ago. Loss attributable to owners of the parent was RMB 1,066,894,000 or RMB 0.168 per basic and diluted share compared to profit of RMB 6,381,000 or RMB 0.001 per basic and diluted share a year ago. Net cash flows from operating activities were RMB 677,520,000 compared to RMB 28,297,000 a year ago. As at June 30, 2018, the Group's capital commitments amounted to RMB 190.0 million, primarily relating to construction of plants and purchase of machinery for the expansion of liquid milk production capacity.