National Agricultural Holdings Limited announced unaudited consolidated earnings results for the six months ended June 30, 2015. For the six months, the company reported turnover of RMB 155,164,000 compared to RMB 53,442,000 a year ago. Loss before tax was RMB 352,808,000 compared to RMB 4,098,000 a year ago.

Loss for the period attributable to owners of the company was RMB 379,721,000 compared to RMB 7,806,000 a year ago. Loss per Basic and diluted share was 21.76 cents compared to 0.61 cents a year ago. The loss recorded for the six months ended 30 June 2015 was mainly due to the one-off fair value loss arising from an initial recognition of unlisted warrants by the company, based on a valuation report prepared by an independent valuer, which had been recorded in the Company's statement of profit and loss and other comprehensive income in accordance with the requirements under Hong Kong Financial Reporting Standards adopted by the company, and shall have no impact on the Group's cash flow and net assets.