China Education Group Holdings Limited announced audited consolidated earnings results for the year ended 31 December 2017. For the year, the company reported revenue of RMB 949,171,000 against RMB 861,289,000 a year ago. Profit before taxation was RMB 423,195,000 against RMB 425,300,000 a year ago. Profit and total comprehensive income for the year from continuing operations was RMB 421,465,000 against RMB 423,351,000 a year ago. Profit and total comprehensive income for the year attributable to owners of the company from continuing operations was RMB 421,465,000 or 27.67 cents per basic and diluted share against RMB 423,351,000 or 28.22 cents per basic share a year ago. The increase in revenue was mainly attributed to the inclusion of Baiyun Technician College on 14 August 2017. Capital expenditures for the year ended 31 December 2017 were RMB 140.1 million and were primarily related to maintaining and upgrading the existing school premises, and construction of new buildings.