Xin Point Holdings Limited announced unaudited consolidated earnings results for the six months ended June 30, 2018. For the period, the company reported revenue of RMB 972,983,000 compared to RMB 886,889,000 a year ago. Profit before tax was RMB 241,981,000 compared to RMB 236,585,000 a year ago. Profit for the period was RMB 198,329,000 compared to RMB 175,977,000 a year ago. Basic and diluted earnings per share were 20 cents against of 23 cents a year ago. Revenue increased by only approximately RMB 86.1 million or approximately 9.7% to approximately as a result of lower demands and program delays from their customers. The increase in the profit for the period was primarily due to the Group experienced slowdown in the growth of the revenue from the sales of automotive decorative components for all regions; increase in gross profit; increase of sales and distribution expenses; increase in administrative expenses partly due to the increase in R&D expenditures; and the decrease in their effective tax rate.