Noel Gifts International Ltd. announced unaudited group earnings results for the first half year ended December 31, 2014. For the period, the company reported revenue of SGD 10,207,000 against SGD 10,206,000 a year ago. Profit before income tax was SGD 2,034,000 against loss of SGD 409,000 a year ago.

Profit after income tax was SGD 2,034,000 against loss of SGD 419,000 a year ago. Net cash used in operating activities was SGD 5,440,000 against SGD 3,582,000 a year ago. Purchase of plant and equipment was SGD 376,000 against SGD 798,000 a year ago.

Earnings per diluted ordinary share were 1.98 cents against loss per diluted ordinary share of 0.41 cents a year ago.