China Baofeng (International) Limited reported audited consolidated earnings results for the year ended December 31, 2016. For the year, the company reported revenue of HKD 611,057,000 against HKD 389,740,000 a year ago. Profit before tax was HKD 145,974,000 against HKD 19,162,000 a year ago. Profit for the year was HKD 141,545,000 or 27.29 cents per basic share against HKD 14,432,000 or 3.01 cents per basic share a year ago.