Netel Technology (Holdings) Limited reported unaudited consolidated earnings results for the second quarter and six months ended November 30, 2017. For the quarter, the company reported turnover of HKD 6,107,000 compared to HKD 363,000 a year ago. Operating income was HKD 1,141,000 compared to operating loss of HKD 6,079,000 a year ago. Profit before income tax was HKD 911,000 compared to loss before income tax of HKD 6,083,000 a year ago. Profit attributable to equity holders of the company was HKD 891,000 compared to loss attributable to equity holders of the company of HKD 6,073,000 a year ago. Basic and diluted earnings per share were 0.07 cents compared to loss per share of 0.56 cents a year ago. For the six months, the company reported turnover of HKD 8,636,000 compared to HKD 811,000 a year ago. Operating loss was HKD 4,501,000 compared to operating loss of HKD 10,763,000 a year ago. Loss before income tax was HKD 4,928,000 compared to loss before income tax of HKD 10,771,000 a year ago. Loss attributable to equity holders of the company was HKD 4,959,000 compared to HKD 10,750,000 a year ago. Basic and diluted loss per share was 0.42 cents compared to loss per share of 1.01 cents a year ago. Net cash used in operating activities was HKD 7,131,000 compared to HKD 8,863,000 a year ago. The increase in total turnover was mainly attributable to the increase in e-commerce trading business, big data business and income from strategic alliances during the period. The decrease of the loss for the interim period was mainly due to the increase in turnover and decrease in directors' emoluments recorded in the current interim period.