Noel Gifts International Ltd. reported unaudited earnings results for the second quarter ended December 31, 2015. For the year, the company reported revenue of $19,284,000 against $10,207,000 a year ago. Profit before income tax was $2,699,000 against $1,240,000 a year ago.

Profit for the period was $2,332,000 against $1,240,000 a year ago. Net cash from operating activities was $283,000 against net cash used in operating activities of $5,470,000 a year ago. Purchase of plant and equipment was $194,000 against $376,000 a year ago.

Earnings per share on fully diluted basis were 2.28 cents against 1.21 cents a year ago. Net asset value per share was 32.19 cents.