G-Vision International Holdings Ltd. reported unaudited consolidated earnings results for the six months ended September 30, 2012. For the period, the group recorded a consolidated turnover of HKD 40,813,000 against HKD 41,627,000 a year ago. Loss from continuing operation was HKD 5,029,000 against HKD 5,213,000 a year ago. Loss for the period was HKD 5,029,000 against HKD 3,210,000 a year ago. Loss for the period attributable to owners of the company from continuing operation was HKD 5,029,000 against HKD 5,213,000 a year ago. Loss for the period attributable to owners of the company was HKD 5,029,000 against HKD 3,802,000 a year ago. Basic loss per share from continuing operation was 0.26 cents against 0.27 cents a year ago. The reason for the increase in net loss was due to an upward revaluation of HKD 1.7 million accounted for the investment properties in the last corresponding period whilst no such revaluation was made this year. The slight decrease in turnover by 2% compared to previous year was mainly attributable to more intense and competitive market condition.

The Board of Directors announced that Mr. Dong Demao and Mr. Meng Lingku had tendered their resignation as non-executive directors of the company with effect from 1 December 2012. Mr. Dong remains as technical advisor of the company.