New Century Real Estate Investment Trust announced unaudited consolidated earnings results for the six months ended June 30, 2018. For the six months, the company reported revenue of RMB 135,638,000 against RMB 157,656,000 a year ago. Operating profit was RMB 138,089,000 against RMB 148,662,000 a year ago. Profit before taxation and transactions with unitholders were RMB 66,271,000 against RMB 133,526,000 a year ago. Profit after taxation for the period, before transactions with unitholders was RMB 28,086,000 against RMB 48,087,000 a year ago. Profit attributable to unitholders was RMB 27,114,000 against RMB 46,803,000 a year ago. Basic earnings per unit were RMB 0.0283 against RMB 0.0492 a year ago. Net cash generated from operating activities was RMB 45,816,000 against RMB 46,491,000 a year ago. The total revenue and profit attributable to unitholders of the company having declined 14.0% and 42.1% year-on-year, mainly due to the absence of rental contribution from Songjiang New Century Grand Hotel Shanghai which was disposed of in June 2017.