Henry Group Holdings Limited reported unaudited consolidated earnings results for the six months ended September 30, 2014. For the quarter, the company reported turnover of HKD 25,577,000 against HKD 26,187,000 a year ago. Profit from operations was HKD 9,504,000 against loss from operations of HKD 23,920,000 a year ago.

Loss before taxation was HKD 3,426,000 against loss before taxation of HKD 42,436,000 a year ago. Loss for the period was HKD 4,664,000 against loss for the period of HKD 36,442,000 a year ago. Loss for the period attributable to owners of the company was HKD 4,664,000 or 0.60 cents per basic and diluted share against loss for the period attributable to owners of the company of HKD 16,686,000 or 2.30 cents per diluted share a year ago.

The decline in turnover was primarily due to an unfavorable and sluggish leasing retail property market caused by a slowdown in the Hong Kong retail market, in turn the result of the economic slowdown and anti-corruption campaign affecting China.