Dutech Holdings Limited announced unaudited Group financial results for the second quarter and six months ended June 30, 2018. For the quarter, the company reported revenues of RMB 453,361,000 against RMB 405,833,000 a year ago. Profit from operations was RMB 11,928,000 against RMB 18,226,000 a year ago. Profit before tax was RMB 12,678,000 against RMB 20,650,000 a year ago. Net profit after tax was RMB 10,898,000 against RMB 15,013,000 a year ago. Net cash used in operating activities was RMB 5,985,000 against RMB 15,577,000 a year ago. Purchase of property, plant and equipment was RMB 10,126,000 against RMB 11,347,000 a year ago. Addition of intangible assets was RMB 3,392,000 against RMB 3,031,000 a year ago. EPS on fully diluted basis was 3.06 cents against 4.21 cents a year ago.

For six months, the company reported revenues of RMB 877,743,000 against RMB 760,200,000 a year ago. Profit from operations was RMB 35,427,000 against RMB 28,752,000 a year ago. Profit before tax was RMB 29,212,000 against RMB 34,196,000 a year ago. Net profit after tax was RMB 25,681,000 against RMB 30,325,000 a year ago. Net cash used in operating activities was RMB 18,839,000 against RMB 24,527,000 a year ago. Purchase of property, plant and equipment was RMB 21,306,000 against RMB 27,355,000 a year ago. Addition of intangible assets was RMB 7,367,000 against RMB 5,867,000 a year ago. EPS on fully diluted basis was 7.20 cents against 8.51 cents a year ago.

The management expects trading conditions to remain challenging. Rising raw materials prices, ATM market shrinking and overhead challenge will serve to affect group performance. On-going trading issues between China and US will bring some uncertainties on Group's future performance. To the positive, gaming machine sales are strong in 2018. As a whole, management expects the Group to remain profitable in 2018.