Time2u International Holding Limited reported unaudited consolidated earnings results for the six months ended June 30, 2017. For the period, the company reported revenue of RMB 82,708,000 against RMB 162,136,000 a year ago. Loss before taxation was RMB 141,939,000 against RMB 45,366,000 a year ago. Loss attributable to owners of the company was RMB 132,046,000 or 3.8 cents per basic and diluted share against RMB 44,527,000 or 3.9 cents per basic and diluted share a year ago. During the six months ended 30 June 2017, the group had acquired property, plant and equipment amounting to approximately RMB 43,544,000. The decrease in revenue was mainly attributable to the decrease in sales volume of branded watches and OEM watches and continual decrease in the average selling price of both branded watches and OEM watches.