PINE Technology Holdings Ltd. announced unaudited consolidated earnings results for the six months ended December 31, 2011. For the period, the company reported turnover of $114,966,000 against $150,219,000 a year ago. Loss before tax was $1,629,000 against profit before tax of $962,000 a year ago. Loss for the year was $1,860,000 against profit for the year of $831,000 a year ago. Net cash from operating activities was $3,922,000 against $1,801,000 a year ago. For the second half of 2012, the company expects that its revenue and profit position to improve from the first half.