My Chau Printing & Packing Holdings Company announced earnings results for the fourth quarter of 2014. In fourth quarter 2014, the company reported profit before tax of company reached only 36.32% of the same period of 2013 mainly because the following reasons: Output in fourth quarter of 2014 was lower than in fourth quarter of 2013, production cost in fourth quarter of 2014 was higher than the same period of 2013 and currency exchange rate differences.