Noel Gifts International Ltd. reported unaudited consolidated earnings results for the six months ended December 31, 2011. For the period, the company has posted revenue of SGD 10,221,000 against SGD 9,678,000 a year ago. PBT was SGD 28,000 against SGD 593,000 a year ago. Profit after income tax was SGD 56,000 or 0.05 cents fully diluted per share against SGD 526,000 or 0.51 fully diluted per share a year ago. Total comprehensive income for the period, attributable to owners of the company was SGD 48,000 against SGD 575,000 a year ago. Net cash flows used in operating activities were SGD 4,560,000 against SGD 2,683,000 a year ago. Purchase of property, plant and equipment was SGD 141,000 against SGD 130,000 a year ago. Addition of investment property was SGD 455,000 against SGD 152,000 a year ago.