China Auto Logistic Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2016. For the quarter, the company reported company net revenue of $93,819,385 against $93,688,413 a year ago. Income from operations was $51,040 against $276,155 a year ago. Loss from continuing operations before income taxes was $455,954 or $0.12 per basic and diluted share against $403,128 or $0.12 per basic and diluted share a year ago. Net loss from continuing operations was $477,722 against $470,337 a year ago. Net income attributable to shareholders of the company was $5,186,229 or $1.28 per basic and diluted share against loss of $2,245,363 or $0.56 per basic and diluted share a year ago. The company explained that the roughly flat year-over-year bottom line results in continuing operations in the 2016 second quarter primarily reflected the very slight 0.74% year-over-year increase in auto sales to approximately $92.77 million in the period. For the six months, the company reported company net revenue of $230,883,403 against $181,038,575 a year ago. Income from operations was $330,875 against $160,739 a year ago. Loss from continuing operations before income taxes was $577,532 against $1,161,218 a year ago. Net loss from continuing operations was $665,269 or $0.16 per basic and diluted share against $1,133,841 or $0.28 per basic and diluted share a year ago. Net income attributable to shareholders of the company was $4,125,312 or $1.03 per basic and diluted share against loss of $4,911,804 or $1.22 per basic and diluted share a year ago. Net cash used in operating activities was $50,591,096 against $1,728,443 a year ago. Purchase of property and equipment was $336,327 a year ago.