Anhui Conch Cement Company Limited reported audited consolidated earnings results for the year ended December 31, 2017. For the year, the company reported revenue of RMB 75,310,820,000 against RMB 55,931,901,000 a year ago. Profit from operations was RMB 21,838,805,000 against RMB 12,588,277,000 a year ago. Profit before taxation was RMB 21,274,880,000 against RMB 11,699,329,000 a year ago. Profit attributable to equity shareholders of the company was RMB 15,898,689,000 against RMB 8,573,868,000 a year ago. Earnings per basic and diluted share were RMB 3.00 against RMB 1.62 a year ago. Net cash flows generated from operating activities was RMB 17,363,027,000 against RMB 13,196,752,000 a year ago. Weighted average return on net assets was 19.12% against 11.59% a year ago. During the reporting period, capital expenditure of the Group amounted to approximately RMB 6.485 billion, which was primarily used in the investment in construction of cement and clinker production lines, the residual heat electricity generation projects and the aggregate projects as well as the expenditure in merger and acquisition of projects.

In 2018, the Group's capital expenditure is expected to be approximately RMB 6.8 billion, which will be funded primarily by internal resources and supplemented by bank loans and will mainly be used for the construction of projects, technology improvement of production lines and as up-front expenditures of acquisition and merger projects.