China Sports International Limited reported unaudited consolidated earnings results for the first quarter ended March 31, 2016. For the quarter, the company's revenue was RMB 51,010,000 compared to RMB 103,501,000 a year ago. The decrease in revenue was mainly attributable to the persistent and increasing competition in the sportswear industry. Loss before income tax was RMB 5,502,000 compared to profit before income tax of RMB 7,143,000 a year ago. Loss for the period was RMB 5,502,000 compared to profit of RMB 8,686,000 a year ago. Net cash used in operating activities was RMB 9,459,000 compared to RMB 165,180,000 a year ago. Net cash used in operating activities decreased significantly by approximately RMB 154.2 million as compared to first quarter of 2015 mainly due to decrease in trade receivables of approximately RMB 55.7 million, increase in trade payables and bills payables of approximately RMB 109.2 million and decrease in inventories of approximately RMB 11.2 million. Purchases of property, plant and equipment was RMB 24,620,000. Diluted loss per share 0.58 cents compared to earnings per share of 0.90 cents a year ago.