Wins Finance Holdings Inc. announced audited consolidated earnings results for the year ended June 30, 2018. For the year, the company announced net revenue of $102,763 compared to $9,726,685 a year ago. Income before taxes was $9,460,981 compared to $22,301,280 a year ago. Net income was $10,499,876 compared to $20,349,791 a year ago. The decrease was mainly caused by provisions on financial guarantee and leasing businesses that totaled $8.0 million and an increase in non-interest expense of $4.5 million, offset by an increase in interest income of $1.3 million and a decrease in income tax expense of $3.0 million. Diluted earnings per share were $0.53 compared to dilute per share of $1.01 a year ago. Net cash provided by operating activities was $6,501,245 compared to $13,201,598 a year ago. Purchase of property, plant and equipment was $1,875 compared to $79,955 a year ago. Gross revenue was $9.7 million, compared to $9.2 million for the corresponding period ended June 30, 2017. Interest income on short-term investments was $15.1 million, compared to $13.8 million for the corresponding period ended June 30, 2017. The increase was primarily due to an increase in the average balance of short-term investments.