LVMC Holdings announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2018. For the quarter, the company reported sales of $60,612,861 as compared to $70,137,971 for the same period last year. Operating loss was $10,522,739 as compared to profit of $8,722,617 for the same period last year. Loss before income tax expense was $12,469,394 as compared to profit of $3,835,436 for the same period last year. Loss attributable to owners of the company was $10,912,258 as compared to profit of $3,913,920 for the same period last year. Basic and diluted loss per share was $0.23 as compared to basic and diluted earnings per share of $0.08 for the same period last year. For the six months, the company reported sales of $129,036,651 as compared to $147,365,956 for the same period last year. Operating loss was $5,354,121 as compared to profit of $23,693,418 for the same period last year. Loss before income tax expense was $11,576,755 as compared to profit of $13,673,273 for the same period last year. Loss attributable to owners of the company was $9,613,556 as compared to profit of $13,980,151 for the same period last year. Basic and diluted loss per share was $0.20 as compared to basic and diluted earnings per share of $0.30 for the same period last year. Net cash provided by operating activities was $12,824,946 as compared to $4,482,758 for the same period last year. Acquisition of property, plant and equipment was $8,630,649 as compared to $1,528,276 for the same period last year. Acquisition of intangible assets was $916,024 as compared to $793,858 for the same period last year.