Ningbo WanHao Holdings Company Limited reported audited consolidated earnings results for the year ended December 31, 2012. For the period, the company reported revenue of RMB 9,180,000 against RMB 8,689,000 a year ago. Loss before tax was RMB 7,366,000 against RMB 29,591,000 a year ago.

Loss for the year was RMB 7,366,000 against RMB 29,591,000 a year ago. Loss for the year attributable to owners of the company was RMB 7,322,000 against RMB 29,491,000 a year ago. Basic loss per share was 1.46 cents against 5.90 cents a year ago.

The increase in the group's revenue is due to marketing efforts during the year. Net cash generated from operating activities was RMB 32,416,000 against RMB 54,266,000 a year ago. Purchase of property, plant and equipment was RMB 1,405,000 against RMB 3,105,000 a year ago.