South China Assets Holdings Limited reported unaudited consolidated earnings results for the first quarter ended March 31, 2018. For the first quartet, the company reported revenue of HKD 137,000 against HKD 733,000 a year ago. Operating loss was HKD 1,754,000 against HKD 26,084,000 a year ago. Loss before income tax was HKD 7,433,000 against HKD 32,738,000 a year ago. Loss for the period attributable to the equity holders of the company was HKD 7,433,000 or HK 0.07 cents per share against HKD 32,738,000 HK 0.30 cents per share a year ago.