China Jiuhao Health Industry Corporation Limited reported unaudited consolidated earnings results for the six months ended June 30, 2015. For the period, the company reported total sales revenue of HKD 61,359,000 against HKD 54,045,000 a year ago. Profit before finance costs and income tax was HKD 26,926,000 against HKD 74,493,000 a year ago.

Profit before income tax was HKD 26,788,000 against HKD 94,773,000 a year ago. Profit for the period was HKD 21,553,000 against HKD 95,297,000 a year ago. Profit attributable to equity holders of the company by continuing operations was HKD 26,260,000 against HKD 95,498,000 a year ago.

The decrease was mainly attributable to legal and professional fees of approximately HKD 54 million incurred by the very substantial transaction disclosed on June 23, 2015, as well as the impairment provision made for some of the Group's prepayments, interest in a joint venture and amount due from a subsidiary of a joint venture of approximately HKD 79 million. Earnings per diluted share from continuing operations attributable to equity holders of the company were HKD 0.39 against HKD 1.68 a year ago. Net cash used in operating activities was HKD 105,127,000 against HKD 95,452,000 a year ago.

Purchase of property, plant and equipment was HKD 28,724,000 against HKD 21,458,000 a year ago. During the period under review, the Group recorded a net profit of HKD 21,532,000, being a 77% decrease comparing to the same period in prior year. The decrease was mainly attributable to legal and professional fees of approximately HKD 54 million incurred by the very substantial transaction disclosed on 23 June 2015, as well as the impairment provision made for some of the Group's prepayments, interest in a joint venture and amount due from a subsidiary of a joint venture of approximately HKD 79 million.