Chinese Global Investors Group Ltd. announced unaudited consolidated earnings results for the year ended June 30, 2016. For the year, the company announced revenue was SGD 10,632,544 compared to SGD 13,613,484 for the same period a year ago. Loss before income tax was SGD 4,643,963 compared to profit before income tax of SGD 490,118 for the same period a year ago. Loss for the year was SGD 4,667,319 compared to profit of SGD 577,796 for the same period a year ago. Loss for the year attributable to owners of the company was SGD 4,667,319 or 0.51 cents per basic and fully diluted share compared to profit attributable to the owners of the company of SGD 577,796 or 0.06 cents per basic and fully diluted share for the same period a year ago. Net cash generated from operating activities was SGD 110,022 compared to net cash outflow from operating activities of SGD 1,853,039 for the same period a year ago. Purchase of property, plant and equipment was SGD 12,189 compared to SGD 148,857 for the same period a year ago. Revenue was mainly due to fewer contract works carried out during the financial year for the waterproofing business as construction demand weakened along with the challenging economic landscape.