AVIC International Maritime Holdings Limited reported consolidated unaudited earnings results for the first quarter ended March 31, 2017. Revenue was RMB 86,104,000 against RMB 73,090,000 a year ago. Profit before income tax was RMB 16,123,000 against RMB 3,747,000 a year ago. Profit attributable to owners of the company was RMB 11,791,000 against RMB 5,129,000 a year ago. Net cash used in operating activities was RMB 450,963,000 against RMB 18,498,000 a year ago. Additions of plant and equipment RMB 1,796,000 against RMB 448,000 year ago. Additions of intangible assets was RMB 102,000 against RMB 303,000 year ago. Diluted earnings per share were 4.13 cents against 1.80 cents a year ago. Profit for the period was RMB 12,800,000 against RMB 4,000,000 year ago. Net asset value per share based on issued share capital was 47.46 cents.