Bolina Holding Co., Ltd. announced unaudited consolidated earnings results for the six months ended June 30, 2016. The Group's revenue was RMB 164.0 million for the current period, down by 60.6% as compared with the corresponding period of last year. Profit before tax and profit attributable to owners of the company for the current period was RMB 6.7 million and RMB 1.2 million respectively, down by 94.0% and 98.5% respectively as compared with the corresponding period of last year. For the six months ended 30 June 2016, profit attributable to owners of the Company amounted to RMB 1.2 million, representing a decrease of 98.5% as compared to the corresponding period last year. The Group's capital expenditures were incurred primarily in connection with purchases of property, plant and equipment. The Group's capital expenditures, represented by the cash used for the purchase of property, plant and equipment, were RMB 15.5 million for the six months ended 30 June 2016, mainly incurred in connection with the construction of production facilities. Profit from operations was RMB 26.473 million against RMB 120.873 million a year ago. Profit attributable to owners of the company was RMB 1.188 million or 0.1 RMB cents diluted per share against RMB 78.059 million or 7.7 RMB cents diluted per share a year ago. Net cash flows from operating activities were RMB 28.913 million against RMB 122.746 million a year ago.