China Modern Dairy Holdings Ltd. reported unaudited consolidated financial results for the first quarter ended Mar. 31, 2018. For the quarter, operating income was RMB 1,344,318,836.31 against RMB 1,284,472,436.46 for the same period of last year. Operating profit was RMB 523,785.79 against loss of RMB 96,740,009.28 for the same period of last year. Total profit was RMB 2,414,743.68 against loss of RMB 103,033,228.83 for the same period of last year. Net profit attributable to the owners of the parent company was RMB 2,944,006.17 against loss of RMB 102,188,334.03 for the same period of last year. Net cash generated from operating activities was RMB 375,768,448.45 against outflow of RMB 259,787,557.70 for the same period of last year. Cash paid for acquiring and constructing fixed assets, intangible assets and other long-term assets was RMB 150,924,423.04 against RMB 119,390,943.28 for the same period of last year. Cash paid for breeding productive biological assets was RMB 318,575,203.15 against RMB 391,739,151.62 for the same period of last year.