China Trustful Group Limited reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2018. For the quarter, the company reported revenue of HKD 24,767,000 compared to HKD 46,920,000 a year ago. Profit before income tax was HKD 12,648,000 compared to HKD 9,847,000 a year ago. Profit for the period attributable to owners of the company was HKD 8,263,000 or 0.28 cents per diluted share compared to HKD 5,033,000 or 0.08 cents per diluted share a year ago. Profit for the period from continuing operations was HKD 10,520,000 or 0.37 cents per diluted share compared to HKD 5,254,000 or 0.09 cents per diluted share a year ago.

For the six months, the company reported revenue of HKD 70,864,000 compared to HKD 95,541,000 a year ago. Profit before income tax was HKD 27,196,000 compared to HKD 17,757,000 a year ago. Profit for the period attributable to owners of the company was HKD 14,605,000 or 0.46 cents per diluted share compared to HKD 11,818,000 or 0.29 cents per diluted share a year ago. Profit for the period from continuing operations was HKD 19,485,000 or 0.65 cents per diluted share compared to HKD 11,721,000 or 0.28 cents per diluted share a year ago. Net cash used in operating activities was HKD 39,100,000 against HKD 6,991,000 a year ago. Purchases of property, plant and equipment was HKD 1,885,000 against HKD 1,381,000 a year ago. EBITDA was HKD 40,771,000 and adjusted EBITDA was HKD 33,703,000.

For the quarter, written-off of property, plant and equipment was HKD 242,000 against HKD 603,000 a year ago.