Ping Shan Tea Group Limited reported unaudited consolidated earnings results for the six months ended June 30, 2016. For the period, revenue was HKD 159,136,000 against HKD 161,654,000 a year ago. Profit from operations was HKD 39,981,000 against HKD 21,843,000 a year ago. Loss before income tax was HKD 59,665,000 against HKD 85,587,000 a year ago. Loss for the period was HKD 61,344,000 against HKD 87,965,000 a year ago. Loss for the period attributable to equity shareholders of the company was HKD 60,904,000 or 0.32 cents per basic share against HKD 87,481,000 or 0.54 cents per basic share a year ago. During the period, the total capital expenditure of the Group (including deposits paid) for acquisition of property, plant and equipment (excluding the acquisition arising from business combinations) was approximately HKD Nil against approximately HKD 0.5 million a year ago.