Longrun Tea Group Company Limited announced unaudited consolidated earnings results for the six months ended September 30, 2016. For the period, the company reported revenue of HKD 66,189,000 compared to HKD 107,797,000 a year ago. Loss before tax was HKD 4,585,000 compared to HKD 9,456,000 a year ago. Loss for the period attributable to owners of the company was HKD 4,585,000 compared to HKD 9,776,000 a year ago. Basic and diluted loss per share was 0.32 cents compared to 1.67 cents a year ago. The decreases in revenue and gross profit were mainly attributable to the disposal of the Group's PRC pharmaceutical business in November 2015. The decrease of loss for the period under review as compared to the corresponding period last year was mainly due to the disposal of subsidiaries which incurred loss in the prior period; and the closed down of tea shops.