Xinhua Holdings Limited reported consolidated earnings results for the first quarter ended March 31, 2012. For the period, the company reported net sales of JPY 342 million against JPY 352 million for the same period in the last year. Operating loss was JPY 138 million against JPY 220 million for the same period in the last year. Ordinary loss was JPY 135 million against ordinary income of JPY 147 million for the same period in the last year. Net loss was JPY 136 million against net income of JPY 151 million for the same period in the last year. Basic loss per share was JPY 89.61 against basic earnings per share of JPY 99.92 for the same period in the last year. Under IFRS, LBITDA was JPY 112 million against EBITDA of JPY 171 million for the same period in the last year. For the first half, the consolidated company expects net sales of JPY 697 million, operating loss of JPY 246 million, ordinary loss of JPY 244 million, net loss of JPY 241 million, basic loss per share of JPY 159.45 and Under IFRS, LBITDA was JPY 200 million and net loss of JPY 235 million. For the full year, the consolidated company expects net sales of JPY 1,491 million, operating loss of JPY 422 million, ordinary loss of JPY 419 million, net loss of JPY 420 million, basic loss per share of JPY 277.80 and Under IFRS, LBITDA was JPY 332 million and net loss of JPY 408 million.