Grand Peace Group Holdings Limited reported unaudited consolidated earnings results for the first quarter ended March 31, 2018. For the quarter, the company reported turnover of HD 25,795,000 against HKD 40,643,000 a year ago. The revenue decreased mainly due to the expiration of the right granted by the Hong Kong Special Administrative Region Government to the Group to operate, manage and maintain the public funeral parlour entitled "Grand Peace Funeral Parlour" at Cheong Hang Road, Hung Hum, Hong Kong on 31 March 2017 and no operating revenue recorded from Grand Peace Funeral Parlour during the Period. Profit from operations was HKD 6,307,000 against loss from operations of HKD 8,069,000 a year ago. Loss before taxation was HKD 2,723,000 against HKD 15,782,000 a year ago. Loss for the period was HKD 4,414,000 against HKD 16,562,000 a year ago. Loss for the period attributable to owners of the company was HKD 4,414,000 against HKD 15,737,000 a year ago. Basic and diluted loss per share was 0.5 cents against 3.4 cents a year ago.