Longrun Tea Group Company Limited reported consolidated final earnings results for the year ended March 31, 2018. For the year, the company reported revenue of HKD 81,670,000 against HKD 123,690,000 for the same period a year ago. Loss before tax was HKD 33,887,000 against HKD 32,167,000 for the same period a year ago. Loss attributable to owners of the company was HKD 33,902,000 or 2.34 cents per basic and diluted share against HKD 32,431,000 or 2.24 cents per basic and diluted share for the same period a year ago. The decrease in revenue is mainly attributable to the continuous modification of rules and regulations by the local government on tourism related selling activities; and the effect of industry consolidation and enhanced regulation of the direct selling industry in the PRC.