Xinhua Holdings Limited reported consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company's net sales were JPY 84 million compared to JPY 85 million a year ago. Operating loss was JPY 101 million compared to JPY 82 million a year ago. Ordinary loss was JPY 107 million compared to JPY 114 million a year ago. Net loss was JPY 104 million or JPY 42.06 per basic share compared to JPY 114 million or JPY 68.50 per basic share a year ago.

The company provided earnings forecast for the interim and full year of fiscal 2015. For the interim, the company expects net sales of JPY 178 million, operating loss of JPY 203 million, ordinary loss of JPY 238 million and net loss of JPY 238 million or JPY 110.56 per basic share.

For the full year ending December 31, 2015, the company expects net sales of JPY 392 million, operating loss of JPY 382 million, ordinary loss of JPY 416 million and net loss of JPY 416 million or JPY 193.47 per basic share.