Ningbo WanHao Holdings Company Limited announced unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported revenue of RMB 990,000 against RMB 1,788,000 a year ago. Loss from operations was RMB 2,609,000 against RMB 4,139,000 a year ago.

Loss before taxation was RMB 2,610,000 against RMB 4,539,000 a year ago. Loss for the period attributable to equity holders of the company was RMB 2,610,000 or 0.52 cents per basic share against RMB 4,538,000 or 0.91 cents per basic share a year ago. Main reason for the lower in turnover was due to the planned factory's removal during March 2013.