Mora Ven Holdings Limited announced unaudited consolidated earnings results for the six months ended June 30, 2014. For the period, the company reported operating revenue of TTD 45,345,591 against TTD 55,227,222 a year ago. Operating Profit was TTD 5,167,203 against TTD 9,116,855 a year ago.

Profit before non-controlling interest and taxation was TTD 4,561,414 against TTD 8,500,931 a year ago. Net profit for the period after taxation was TTD 349,794 or 4.24 cents per share against TTD 2,645,429 or 32.05 cents per share a year ago. Net cash flow used in operating activities was TTD 53,669 against net cash flow from operating activities of TTD 3,464,353 a year ago.

The figures reveal a drop in revenue of TTD 10 million over the equivalent period in 2013, although at the same time the company was able to reduce expenditure by TTD 6 million; resulting in an overall impact on the bottom line of TTD 2.3 million. The EBITDA was TTD 19,118,182.