Greatime International Holdings Limited announced unaudited consolidated earnings results for the six months ended June 30, 2018. For the six months, the company reported revenue of RMB 147,291,000 against RMB 150,440,000 a year ago. Loss before tax was RMB 17,959,000 against RMB 11,189,000 a year ago, mainly due to the decrease in gross profit in both knitted fabrics and innerwear products. Loss for the period was RMB 18,192,000 against RMB 12,482,000 a year ago. Basic and diluted loss per share was 3.7 cents against 3.0 cents a year ago. The Group's effective tax rate for the six months ended 30 June 2018 was negative 1.3% as compared to negative 11.6% for the corresponding period in 2017. The decrease in revenue was mainly due to the decrease in the sales of the Group's innerwear products from approximately RMB 125.8 million for six months ended 30 June 2017 to approximately RMB 118.7 million for six months ended 30 June 2018.