For the reported period, net sales of the BVI company were US$33.8 million, an increase of 35% when compared to US$25.0 million reported for the second quarter of the year 2012. Net sales of home appliances and electronic components increased approximately 58% and 31%, respectively, while revenues in electronic manufacturing services declined approximately 13% for the second quarter of 2012. Net income was US$1.2 million, or US$0.39 per share, compared to a net loss of US$0.9 million, or US$0.29 per share, for the second quarter of fiscal 2011.

For the six months period ended September 30, 2011, net sales were US$58.9 million, up 16% as compared to US$50.8 million in the same period of fiscal 2011. In the first six months of 2012, net sales of home appliances and electronic components increased approximately 18% and 19%, respectively, while revenues in electronic manufacturing services declined approximately 3%, compared to the same period in fiscal 2011. Net loss in the reported period of fiscal 2012 was US$0.4 million, or US$0.13 per share, compared to a net loss of US$0.1 million, or US$0.03 per share, for the corresponding period of fiscal 2011.

John C.K. Sham, BVI company’s CEO and President, said in his comments on the results for the second quarter that company’s cash less short-term debt position has improved significantly since the end of fiscal year 2011 and, as of September 30, 2011, now exceeds US$13.00 per share.

The Chairman and CEO of the BVI company Mr. Feilie Li said in his comments on the 2011 interim results: “In view of the continuing economic growth in the PRC, we believe that demand for coal will continue to be robust in the foreseeable future. We are positive about the prospects for the coal mining industry in the PRC and we will continue to pursue growth through acquisition and consolidation of small to medium sized coal mines.”

For the third quarter of 2011, capitalized exploration excluding discontinued operations amounted to US$5.2 million, as compared to US$0.5 million for the same period of the last year. For the nine months ended September 30, 2010, capitalized exploration was US$11.5 million, compared to US$1.5 million for the nine month period last year.

For six month period ended June 30, 2011 the BVI company reported net loss of US$9,076,908 or $0.11 per share, – as compared to net loss of US$5,344,832, or $0.11 per share for the first six months of last year.

Also, Talon Metals announced that a National Instrument 43-101 technical report has been filed for BVI company’s 100% owned Trairão Iron Project in Pará State, Brazil. It is entitled “Third Independent Technical Report on Mineral Resources” and dated August 12, 2011.

In the second quarter of 2011, gross profit decreased 25.6% as compared to the same quarter last year, and made US$9.5 million (US$12.7 million in the second quarter of 2010). Gross profit margin in the second quarter of 2011 decreased from 11.2% to 6.4% in the second quarter of 2010.

Consistent with its long-term business strategy, the company is narrowing its focus to higher-growth, lower-margin business opportunities, such as key component assembly for telecommunication products, which leverage company core strengths.

Lower gross margins resulted in operating income of US$0.7 million in the second quarter of 2011, down from US$3.8 million in the second quarter of 2010. The BVI company reported net income in the amount of US$3 million in the second quarter of 2011 compared with the US$3.2 million for the second quarter of last year.

For the six months ended June 30, 2011, net sales of Nam Tai Electronics were US$309.6 million, an increase of 60.3% as compared to US$193.2 million in the same period of last year. Gross profit margin of the BVI company was 5.7% as compared to 9.9% in the same period of 2010. Gross profit was US$17.7 million, down 8% as compared to US$19.2 million in the same period of last year. Net income for the six months ended June 30, 2011 was US$5.0 million, or US$0.11 per share (diluted), as compared to net income of US$2.1 million, or US$0.05 per share (diluted) in the same period of last year.

For the six month period ended May 31, 2011, the net loss was US$14,697,592 or $0.28 per share (basic and diluted), compared to a loss of US$5,466,991 or $0.10 per share for the same period last year. The year-over-year increase in net loss is primarily dueto the impairment of certain capitalized costs related to the non-renewal of the Mmamabula South exploration licence and the Coal-to-Hydrocarbons project.

As of May 31, 2011, capital expenditure on exploration properties was US$169,926,444, with capitalized exploration costs for the first half of 2011 totaling $3,048,721.

Operating profit was US$1.6 million, compared to US$2.1 million in 2010. Net income was US$1.4 million (US$1.9 million in the last year). Diluted earnings per share were US$0.25, compared to US$0.36 in the prior year period.

For the six months period ended December 31, 2010, BVI company’s revenues were US$10.7 million, this is 50.7% increase compared to the same period last year. The increase was due to the contribution from newly acquired businesses. Cost of sales was US$5.9 million, an increase of 77.2% from US$3.3 million in the six months ended December 31, 2009.

In the six months period gross profit was US$4.8 million, an increase of 27.3% from US$3.8 million in the six months ended December 31, 2009. Gross margin was 44.9% (53.1% in 2009). Operating expenses were US$2.1 million (US$1.0 million in the six months ended December 31, 2009). Operating profit was $2.7 million ($2.8 million in the six months ended December 31, 2009). Operating margin was 25.2% compared to 38.9% in the six months ended December 31, 2009.

Net income was US$2.4 million (US$2.6 million in the corresponding period in 2009) – lower than the prior period for some reasons. Diluted earnings per share were $0.45, compared to $0.48 in the corresponding period in 2009.

The BVI company said it was seeing growth in diverse markets for its Android-based smartphones, and expected the increase of its gaming business share. It expects to launch a software package that converts existing games into motion games, new motion gaming controlers, a gaming console box and a satellite television box in 2011.

Techfaith expects first-quarter revenue to increase 1.4%-5.3% to US$78-$81 million.

For the period ended 30 September 2010, operating expenses of the company were £521,233, major part of this amount related to a commission payment on the sale of Kalahari shares. Emerging Metals reported net asset value of 2.81 pence per share (10.70 pence per share in the same period of 2009). Net loss for the six months ended 30 September 2010 was £896,884 – as compared to the profit of £13,916,315  as of 30 September 2009, resulting from investment gains of £14,419,739.

As of 30 November 2010, cash balances of the BVI company stand at £9,640,544, representing 2.71 pence per share.

The co-chairman of the BVI company Stephen Dattels said in his comments to the interim results of the company that the cash the company has retained will provide sufficient working capital for the directors to continue to develop opportunities for investment. In his words, the Board intends to continue implementation of its investing policy.

Regarding financial results, for the six months period Sable Mining reported pre-tax loss on continuing activities in the amount of  US$3.7 mln – as compared to profit on continuing activities of US$1.3 mln in 2009). Cash balance was US$132.2 mln as at 30 September 2010, following the fundraising of US$125 mln in April 2010.

As of 30 September 2010, total assets of the BVI company were US$173,8 mln, as compared to US$11,9 mln as of 30 September 2009. Company’s total equity in the reported period was US$171,8 mln (US$11,8 mln in 2009). At 30 September 2010, share capital of the company was US$240,97 mln. At the end of the period, cash and cash equivalents of Sable Mining Africa Ltd were US$132,17 mln.