China Natural Resources reported financial results for period ended December 31, 2015

Nasdaq-listed resources development company China Natural Resources, Inc. announced financial results for the half of the year period ended December 31, 2015. The BVI company reported revenues of US$0.50 mln, and net loss of US$3.29 mln.

Gross margins narrowed as compared to the same period of the previous year, but despite of this fact, company’s earnings rose being influenced mainly by the improvement in operating margins. Also, the increase in company’s earnings has been influenced by improvements in operating margins, and one-time items. Pre-tax margins of China Natural Resources are now -648.73% compared to -3,976.17% in the same period of the last year.

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