Grand Peace Group Holdings Limited announced unaudited consolidated interim financial statements for the second quarter and six months ended June 30, 2016. For the quarter, turnover was HKD 22.596 million against HKD 21.001 million year a year ago. Profit from operations was HKD 0.598 million against loss from operations of HKD 21.001 million year a year ago. Loss before taxation taxation was HKD 7.839 million against HKD 8.201 million year a year ago. Loss for the period attributable to owners of the company was HKD 8.388 million or 2.37 cents per basic and diluted share against HKD 7.999 million or 2.25 cents per basic and diluted share year a year ago. Net cash outflows from operating activities were HKD 11.346 million against HKD 8.366 million a year ago. For the six months, turnover was HKD 45.940 million against HKD 43.888 million years a year ago. Profit from operations was HKD 0.159 million against loss from operations of HKD 2.954 million year a year ago. Loss before taxation taxation was HKD 16.029 million against HKD 15.655 million year a year ago. Loss for the period attributable to owners of the company was HKD 17.277 million or 4.87 cents per basic and diluted share against HKD 16.103 million or 4.54 cents per basic and diluted share year a year ago. Net cash outflows from operating activities were HKD 11.346 million against HKD 8.366 million a year ago. The Group's total operating revenue was mainly driven by an increase in revenue from the loan financing business during the period.