Chanhigh Holdings Limited announced unaudited consolidated earnings results for the six months ended June 30, 2018. For the six months, the company’s revenue was RMB 353,157,000 against RMB 821,643,000 a year ago. Profit from operations was RMB 18,015,000 against RMB 78,112,000 a year ago. Profit before tax was RMB 15,148,000 against RMB 76,490,000 a year ago. Profit for the period attributable to owners of the company was RMB 8,051,000 against RMB 53,964,000 a year ago. Basic and diluted earnings per share were 1.3 cents against 10.1 cents a year ago. Net cash used in operating activities was RMB 90,773,000 against RMB 67,246,000 a year ago. Purchases of property, plant and equipment was RMB 1,302,000 against RMB 812,000 a year ago. Purchases of intangible assets were RMB 68,400,000. Revenue of the group decreased by 57.0% or RMB 468.4 million, which was primarily due to the deterioration of the results of the three major business segments of the group which was in turn caused by the decrease in number of new projects during the period. The group's capital expenditures principally consisted of expenditures on acquisitions of property, plant and equipment, and intangible assets in its operations. The group's capital expenditure amounted to RMB 69.7 million for the six months ended 30 June 2018.