Jinmao Investments Holdings Limited Announces Audited Consolidated Earnings Results for the Year Ended December 31, 2017
March 26, 2018 at 12:06 am EDT
Jinmao (China) Investments Holdings Limited announced audited consolidated earnings results for the year ended December 31, 2017. For the year, the company reported revenue of RMB 2,595,448,000 against RMB 2,450,751,000 a year ago. Profit before tax was RMB 369,512,000 against RMB 591,206,000 a year ago. Profit for the year was RMB 219,943,000 or RMB 0.11 per basic and diluted share against RMB 374,626,000 or RMB 0.19 per basic and diluted share a year ago. Net cash flows from operating activities were RMB 890,714,000 against RMB 1,244,165,000 a year ago. Purchases of items of property, plant and equipment was RMB 282,914,000 against RMB 246,521,000 a year ago. Additions to intangible assets were RMB 2,741,000 against RMB 3,868,000 a year ago. Net debt was RMB 6,341,412,000 as at 31 December 2017 against RMB 6,089,856,000 as at 31 December 2017.