Christine International Holdings Limited announced audited consolidated financial results for the year ended December 31, 2015. For the year, turnover was decreased by approximately 15.27% to RMB 1,062 million against RMB 1,253 million for the last year. Loss attributable to owners of the company decreased by approximately 1.61% to loss of approximately RMB 148 million against RMB 151 million for the last year.

Basic and diluted loss per share was 14.7 RMB cents against 14.9 RMB cents for the last year. Loss before taxation was RMB 146.05 million against RMB 135.96 million for the last year. The decrease in revenue was mainly attributable to the closure of certain loss-making stores in the second half of 2014 and in 2015.

Capital expenditures of the Group for the year of 2015 were RMB 37.01 million. Net cash inflow was approximately RMB 74,318,000 from operating activities during the year due to the decrease in expenses under the effect of closure of stores and growth in sales of pre-paid cards and coupons.