Kidsland International Holdings Limited reported unaudited consolidated earnings results for the six months ended 30 June 2018. For the period, the company’s revenue was HKD 997,882,000 against HKD 900,343,000 a year ago. Loss before tax was HKD 57,546,000 against profit of HKD 55,625,000 a year ago. Loss for the period attributable to owners of the company was HKD 64,216,000 against profit of HKD 38,737,000 a year ago. Basic and diluted loss per share was 8.03 cents against basic earnings per share of 6.46 cents a year ago. Net loss was mainly due to the decline in gross profit margin of 5.2% from 48.0% to 42.8% mainly due to increase in purchase cost and more discounts offered in promotion campaigns during the period; increase in selling and distribution expenses mainly due to increase in staff costs, rental expense and consignment expenses; increase in general and administrative expenses for larger scale of operations; and increase in non-cash share-based payment expenses regarding the share options granted in 2017. EBITDA of the group decreased by 150% from a profit of approximately HKD 71.6 million for the six months ended 30 June 2017 to a loss of approximately HKD 35.5 million for the six months ended 30 June 2018. During the six months ended 30 June 2018, the group invested approximately HKD 26.9 million (six months ended 30 June 2017: approximately HKD 14.6 million) in property, plant and equipment, primarily attributable to the increase in the number of the group's retail shops.