Sino Grandness Food Industry Group Limited reported unaudited group earnings results for the first quarter ended March 31, 2018. For the quarter, the company reported revenue of RMB 728,087,000 against RMB 635,087,000 a year ago. This increase was attributable to the increase of RMB 94.3 million and RMB 1.7 million from sales of beverage and canned products in domestic market respectively, partially offset by a decrease of RMB 3.1 million from sales of canned products in overseas markets. The increase in sales revenue of beverage and canned products in domestic market from first quarter 2017 to first quarter 2018 was mainly due to steady expansion of distribution network in People's Republic of China. Profit before income tax was RMB 75,674,000 compared to RMB 82,706,000 a year ago. Profit attributable to equity holders of the company was RMB 43,119,000 against RMB 52,786,000 a year ago. Net cash generated from operating activities was RMB 231,404,000 against RMB 390,245,000 a year ago. Acquisition of property, plant and equipment was RMB 1,106,000 against RMB 31,000 a year ago. EPS on a fully diluted basis was 4.4 cents compared to 7.6 cents a year ago. NAV per ordinary share was 320.1 cents.