Megalogic Technology Holdings Limited reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2013. For the quarter, the company reported revenue of HKD 11,936,000, compared to HKD 7,643,000 for the last year. Loss before income tax was HKD 1,686,000, compared to HKD 2,099,000 for the last year. Loss attributable to owners of the company and total comprehensive loss for period was HKD 1,674,000 or 0.78 cents per basic share, compared to HKD 1,778,000 or 0.89 cents per basic share for the last year.

The loss attributable to owners of the company for the nine months ended 30 September 2013 was approximately HKD 4.6 million, as compared to a loss of approximately HKD 13.0 million for the nine months ended 30 September 2012. The substantial decrease was mainly due to the non-recurrent expenses of approximately HKD 9.3 million incurred in connection with the Listing during the nine months ended 30 September 2012. The Group recorded a total revenue of approximately HKD 28.7 million for the first three quarters of 2013, compared to HKD 23.6 million for the nine months ended 30 September 2012, representing an increase of approximately 21.6% as compared to the corresponding period of last year. Loss before income tax was HKD 4,641,000, compared to HKD 13,527,000 for the last year. Loss per basic share was 2.26 cents, compared to 6.61 cents for the last year.