Termbray Industries International Holdings Ltd. announced unaudited consolidated financial results for the six months ended September 30, 2015. For the six months, the company reported revenue of HKD 3,374,000 against HKD 2,786,000 a year ago. Loss before taxation was HKD 9,980,000 against profit before taxation of HKD 1,411,000 a year ago.

Loss for the period attributable to owners of the company was HKD 10,307,000 or 0.53 cents per basic share against profit of HKD 1,141,000 or 0.06 cents per basic share a year ago. The increase in revenue was mainly due to the increase in business activities of the Petro-king Group in the overseas market. Due to the increase in net finance costs, the net profit attributable to the owners of Petro-king Group in first half 2015 was dropped to approximately HKD 8.2 million in the current period from approximately HKD 13.5 million in first half 2014, representing a decrease of approximately 39%.