Oranco, Inc. reported unaudited earnings results for the first quarter ended September 30, 2018. Revenue for the three months ended September 30, 2018 increased by RMB 2.26 million, or 10.4%, to RMB 23.96 million from RMB 21.71 million for the same period of last year. The increase in revenue was due to the increase in sales of both Fenjiu liquor products and imported wine products. Income from operations increased by RMB 1.09 million, or 8.4%, to RMB 14.04 million for the three months ended September 30, 2018 from RMB 12.95 million for the same period of last year. Net income increased by RMB 0.54 million, or 5.8%, to RMB 9.89 million for the three months ended September 30, 2018 from RMB 9.35 million for the same period of last year. Earnings per share was RMB 0.02 against RMB 2.13 a year ago.