Sino-Singapore Holdings: The decrease in mid-term revenue in 2019 is mainly due to the decrease in revenue such as blockchain services

China New Holdings (08207.HK) released its interim results. For the six months ended June 30, 2019, the company achieved a turnover of RMB 1.008 billion, a year-on-year decrease of 24.9%. In the same period of the year, the profit attributable to company owners was RMB 309 million; the basic loss per share was RMB 1.18 cents. During the reporting period, the decrease in revenue was mainly due to the decrease in revenue from blockchain services and traditional loan and financing services, which offset the increase in third-party payment services and online investment and technology-driven loan services.