Ningbo WanHao Holdings Company Limited reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2013. For the quarter, the company reported revenue of RMB 14,198,000 against RMB 2,475,000 a year ago. Loss from operations was RMB 2,289,000 against RMB 4,873,000 a year ago. Loss before tax was RMB 2,510,000 against RMB 5,267,000 a year ago. Loss attributable to owners of the company was RMB 2,510,000 or 0.50 cents per basic share against RMB 5,232,000 or 1.05 cents per basic share a year ago.

For the six months, the company reported revenue of RMB 15,188,000 against RMB 4,263,000 a year ago. Loss from operations was RMB 5,098,000 against RMB 9,012,000 a year ago. Loss before tax was RMB 5,320,000 against RMB 9,806,000 a year ago. Loss attributable to owners of the company was RMB 5,320,000 or 1.06 cents per basic share against RMB 9,770,000 or 1.96 cents per basic share a year ago. Net cash outflow from operating activities was RMB 5,543,000 compared to RMB 2,941,000 a year ago. Main reason for the increase in turnover was due to marketing effort.