China Keli Electric Company Ltd. reported earnings results for the second quarter and six months ended October 31, 2017. For the three months ended October 31, 2017, the company’s total revenue was CAD 1,901,321, a decrease of 39.9% over the second quarter of 2017 of CAD 3,165,996, caused by the decrease in revenue from products sales. Although the total expenses decreased, the company still recorded a narrow downed net loss of CAD 350,273 in second quarter of 2018, compared with a net loss of CAD 708,685 in second quarter of 2017. The reduced loss resulted from higher gross margin along with the effective cost control of operating expenses which are expected to be continued. Basic and diluted loss per share was 0.004 cents compared with 0.008 cents in for the same period a year ago. EBITDA was CAD 88,519, a turnaround increase from negative CAD 186,310 in second quarter of 2017. The company reported total comprehensive loss of CAD 519,800, compared with total comprehensive loss of CAD 370,889 in second quarter of 2017. The company's unrealized foreign exchange income on translation of the company's functional currency to its reporting currency is subject to fluctuations in the exchange rate between the RMB and the Canadian dollar in each reporting period. For the six months of FY2018, the company’s total revenue was CAD 7,390,998, an increase of 9.1% over CAD 6,772,263 for the equivalent six months period in FY2017. The Company recorded a net loss of CAD 394,019 in the first six months of fiscal year 2018, compared to a loss of CAD 1,405,099 in same period in FY2017, reduced 72.0%, was mainly attributed by increase revenue and gross margin, decrease in operating expenses especially in the reversal of inventory write-down. Comprehensive net loss narrow down to CAD 316,015 over the same period CAD 1,367,550 in fiscal year of 2017.