Cacola Furniture International Limited reported unaudited group earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported revenue of RMB 5,862,000 compared to RMB 8,928,000 a year ago. Loss before income tax was RMB 8,602,000 compared to RMB 12,195,000 a year ago. Loss for the quarter attributable to the owners of the company was RMB 8,602,000 compared to RMB 12,195,000 a year ago. Net cash used in operating activities was RMB 12,623,000 compared to RMB 7,820,000 a year ago. Acquisition of property, plant and equipment was RMB 1,347,000. Loss per ordinary share was 2.2 cents compared to 3.3 cents for the same period a year ago. The decline in company's total revenue was mainly attributable to the decrease in the sales of panel furniture by RMB 1.9 million, sofa by RMB 1 million and mattress by RMB 0.1 million respectively.

For the six months ended, the company reported revenue of RMB 12,221,000 compared to RMB 16,624,000 a year ago. Loss before income tax was RMB 19,591,000 compared to RMB 25,167,000 a year ago. Loss for the period attributable to the owners of the company was RMB 19,591,000 compared to RMB 25,167,000 a year ago. Net cash used in operating activities was RMB 25,470,000 compared to RMB 15,585,000 a year ago. Acquisition of property, plant and equipment was RMB 1,347,000. Loss per ordinary share was 4.5 cents compared to 6.9 cents for the same period a year ago.