China Assurance Finance Group Limited announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2018. For the quarter, the company reported revenue was RMB 3,003,000 against RMB 6,549,000 a year ago. Loss before income tax was RMB 38,436,000 against RMB 36,563,000 a year ago. Loss for the period attributable to owners of the company was RMB 29,846,000 or 1.70 cents per basic and diluted share against RMB 23,823,000 or 1.41 cents per basic and diluted share a year ago. For the six months, the company reported revenue was RMB 4,983,000 against RMB 12,244,000 a year ago. Loss before income tax was RMB 67,017,000 against RMB 59,427,000 a year ago. Loss for the period attributable to owners of the company was RMB 50,694,000 or 2.88 cents per basic and diluted share against RMB 38,473,000 or 2.27 cents per basic and diluted share a year ago. Net cash used in operating activities was RMB 52,359,000 against RMB 15,897,000 a year ago. The increase in loss was mainly due to the increase in equity-settled share-based payment expenses which were recognized for the share options granted during the period.