L.K. Technology Holdings Limited reported unaudited consolidated earnings results for the six months ended September 30, 2015. For the period, the company reported revenue of HKD 1,563,680,000 against HKD 1,710,964,000 a year ago. Operating profit was HKD 40,106,000 against HKD 142,682,000 a year ago.

Loss before income tax was HKD 970,000 against profit of HKD 116,127,000 a year ago. Loss for the period was HKD 9,558,000 against profit of HKD 93,111,000 a year ago. Loss attributable to owners of parent of HKD 9,139,000 or 0.8 cents diluted earnings per share compared to profit of HKD 93,091,000 or 7.8 cents diluted earnings per share a year ago.

The loss was mainly due to the economic slowdown and the market downturn, resulting in weak demand for machinery and equipment, which in turn led to reduced sales revenue of the group in the China market.