Chong Sing Holdings FinTech Group Limited Limited reported un-audited consolidated earnings results for the second quarter and six months ended June 30, 2018. For the quarter, the company reported turnover of RMB 738,178,000 compared to RMB 1,258,897,000 a year ago. Net interest income was RMB 14,700,000 compared to RMB 13,728,000 a year ago. Profit before tax was RMB 360,008,000 compared to RMB 754,198,000 a year ago. Profit for the period attributable to owners of the Company was RMB 257,427,000 or 1.10 cents per diluted share compared to RMB 466,054,000 or 2.00 cents per diluted share a year ago. For the six months, the company reported turnover of RMB 1,342,048,000 compared to RMB 1,981,812,000 a year ago. Net interest income was RMB 30,164,000 compared to RMB 39,378,000 a year ago. Profit before tax was RMB 389,448,000 compared to RMB 995,276,000 a year ago. Profit for the period attributable to owners of the Company was RMB 308,715,000 or 1.32 cents per diluted share compared to RMB 566,921,000 or 2.47 cents per diluted share a year ago. Net cash used in operating activities was RMB 443,988,000 compared to RMB 309,850,000 a year ago. The decrease in profit was mainly due to a decrease in turnover of approximately RMB 639.8 million and an increase in administrative and other operating expenses of approximately RMB 183.1 million despite the decreases in interest expenses of approximately RMB 16.1 million, share-based payment expenses of approximately RMB 54.5 million and income tax of approximately RMB 184.0 million. Non-GAAP profit attributable to owners of the Company was RMB 330,300,000 compared to RMB 341,711,000 a year ago. As at 30 June 2018, the Group's interest-bearing borrowings, which mainly comprised corporate bonds, convertible bonds, bank and other borrowings, amounted to approximately RMB 3,510.3 million.