China Huiyuan Juice Group Limited reported unaudited consolidated earnings results for the six months ended June 30, 2015. For the period, the company has posted revenue of RMB 2,580,913,000 against RMB 1,965,908,000 a year ago. Loss before income tax was RMB 835,000 against profit before income tax of RMB 59,032,000 a year ago.

Loss for the period was RMB 96,231,000 against profit for the period of RMB 20,470,000 a year ago. Loss attributable to equity holders of the company was RMB 97,650,000 or RMB 3.7 cents diluted per share against profit attributable to equity holders of the company of RMB 20,494,000 or RMB 7.9 cents diluted per share a year ago. EBITDA was RMB 542,693,000 against RMB 327,325,000 a year ago.

The adjusted profit attributable to equity holders of the company for the six months ended 30 June 2015 was RMB 73.2 million compared to a loss of RMB 159.1 million for the corresponding period in 2014. Net cash generated from operating activities was RMB 62.4 million in the first six months of 2015. The difference of loss before tax was primarily due to depreciation of property, plant and equipment for the period of RMB 261.3 million, a RMB 279.5 million increase in inventory, a RMB 280.1 million increase in trade and other receivables and a RMB 557.4 increase in trade and other payables.

During the first half of 2015, the group spent RMB 450.4 million on the purchase of property, plant and equipment and RMB 24.0 million on the purchase of land use rights.