Sino Grandness Food Industry Group Limited announced unaudited group earnings results for the fourth quarter and full year ended December 31, 2017. For the quarter, the company reported revenue of RMB 914,764,000 compared to RMB 548,866,000 a year ago. Profit before income tax was RMB 27,988,000 compared to loss of RMB 121,465,000 a year ago. Profit for the year attributable to equity holders of the parent was RMB 4,861,000 or 0.5 cents per diluted share compared to loss of RMB 105,985,000 or 15.6 cents per diluted share a year ago. Net cash generated from operating activities was RMB 307,926,000 compared to net cash used in operating activities of RMB 211,376,000 a year ago. Acquisition of property, plant and equipment was RMB 320,461,000 compared to RMB 161,536,000 a year ago. For the year, the company reported revenue of RMB 3,717,734,000 compared to RMB 3,509,605,000 a year ago. This increase was attributable to the increased sales of RMB 161.3 million from beverage segment, RMB 31.6 million from sales of canned products in domestic market and RMB 15.3 million from sales of canned products in overseas market. Profit before income tax was RMB 521,901,000 compared to RMB 737,849,000 a year ago. The decrease was mainly due to an increase in finance costs, one time gain recognized on restructuring of convertible bonds and fair value on straight debts component of convertible bonds at inception in full year 2016. Profit for the year attributable to equity holders of the parent was RMB 355,963,000 or 38.0 cents per diluted share compared to RMB 577,551,000 or 84.9 cents per diluted share a year ago. Net cash generated from operating activities was RMB 493,551,000 compared to RMB 96,031,000 a year ago. Acquisition of property, plant and equipment was RMB 1,025,000 compared to RMB 177,145,000 a year ago.