Bolina Holding Co., Ltd. reported consolidated earnings results for the year ended 31 December 2017. Revenue was RMB 409,763,000 compared to RMB 359,977,000 a year ago. Loss from operations was RMB 370,461,000 compared to RMB 307,079,000 a year ago. Loss before tax was RMB 405,076,000 compared to RMB 343,013,000 a year ago. Loss for the year was RMB 411,090,000 compared to RMB 349,601,000 a year ago. Loss Attributable to Owners of the Company was RMB 412,277,000 or 35 cents per basic and diluted share compared to RMB 349,601,000 or 35 cents per basic and diluted share a year ago. The Group's capital expenditures were incurred primarily in connection with purchases of property, plant and equipment and leasehold improvement payments. The Group's capital expenditures were RMB 134 million for 2017, mainly in connection with the upgrade and improvement of production plant and facilities. Net cash flows used in operating activities was RMB 317,357,000 compared to RMB 601,626,000 a year ago.