Delong Holdings Limited reported unaudited group earnings results for the third quarter and nine months ended September 30, 2017. For the quarter, the company reported sales of RMB 3,667,029,000 against RMB 2,534,172,000 a year ago. Profit before tax was RMB 1,115,024,000 against RMB 270,348,000 a year ago. Profit attributable to equity holders of the company was RMB 973,934,000 or RMB 8.84 per basic and diluted share against RMB 229,290,000 or RMB 2.08 per basic and diluted share a year ago. Net cash generated from operating activities was RMB 886,066,000 against RMB 605,790,000 a year ago. Payments for property, plant and equipment was RMB 224,133,000. Group revenue increased by RMB 1,132.8 million or 44.7%, the increase in revenue was principally attributed to a significant increase in average selling prices of hot rolled coil (HRC) coupled with an increase in sales volume of HRC driven by infrastructure and construction activities in the PRC as compared to the previous corresponding period. For the nine months, the company reported sales of RMB 9,852,777,000 against RMB 7,163,867,000 a year ago. Profit before tax was RMB 2,006,046,000 against RMB 652,760,000 a year ago. Profit attributable to equity holders of the company was RMB 1,742,570,000 or RMB 15.82 per basic and diluted share against RMB 609,800,000 or RMB 5.53 per basic and diluted share a year ago. Net cash generated from operating activities was RMB 3,118,414,000 against RMB 994,624,000 a year ago. Payments for property, plant and equipment was RMB 369,305,000 against RMB 87,607,000 a year ago. Group revenue increased by RMB 2,688.9 million or 37.5%, the increase in revenue was principally attributed to a significant increase in average selling prices of HRC sold coupled with an increase in sales volume of HRC amid tighter supplies following production cuts and increased infrastructure and construction activities in the PRC.