Chinese Global Investors Group Ltd. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended December 31, 2015
For the six months, the company reported revenue of SGD 5,930,117 compared to SGD 6,566,907 a year ago. Loss before income tax was SGD 1,142,776 compared to income before income tax of SGD 217,339 a year ago. Loss attributable to owners of the company was SGD 1,172,367 or 0.13 cents per diluted share compared to profit attributable to owners of the company SGD 201,529 or 0.02 cents per diluted share a year ago. Net cash used in operating activities was SGD 275,999 compared to SGD 490,868 a year ago. Purchase of property, plant and equipment was SGD 8,900 against SGD 106,783 a year ago.