AVIC International Maritime Holdings Limited reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2018. For the quarter, the company reported revenue of RMB 152.613 million against RMB 171.928 million a year ago. The decrease in revenue was mainly due to shipbuilding construction service revenue decreasing by RMB 47.1 million to RMB 10.2 million due to the completion stage of Fiji project, and shipbuilding project management service revenue decreasing by RMB 2.6 million to RMB 12.5 million. However, the revenue decrease was partially offset by: RMB 23.3 million increase in ship-design service revenue to RMB 97.2 million, and shipbuilding project financing income increasing by RMB 6.8 million to RMB 30.1 million arising from provision of financing to related party shipyards for the construction of vessels. Profit before income tax was RMB 20.944 million against RMB 30.785 million a year ago. Profit after tax was RMB 11.418 million against RMB 20.455 million a year ago. Profit attributable to equity holders of the company was RMB 8.060 million against RMB 19.828 million a year ago. Net cash used in operating activities was RMB 49.193 million against net cash inflow from operating activities of RMB 92.728 million a year ago. Additions to property, plant and equipment was RMB 1.233 million against RMB 0.099 million a year ago. Earnings per ordinary share attributable to owners of the company on a fully diluted basis was 2.82 cents against 6.94 cents a year ago. For the six months, the company reported revenue of RMB 292.218 million against RMB 258.032 million a year ago. Profit before income tax was RMB 42.035 million against RMB 46.908 million a year ago. Profit after tax was RMB 27.622 million against RMB 33.248 million a year ago. Profit attributable to equity holders of the company was RMB 21.167 million against RMB 31.619 million a year ago. Net cash provided by operating activities was RMB 112.899 million against cash outflow of RMB 358.235 million a year ago. Additions to property, plant and equipment was RMB 0.984 million against RMB 1.895 million a year ago. Additions to intangible assets were RMB 1.066 million against RMB 0.197 million a year ago. Earnings per ordinary share attributable to owners of the company on a fully diluted basis was 7.41 cents against 11.07 cents a year ago.