Glorious Property Holdings Limited reported audited consolidated earnings results for the full year ended December 31, 2016. For the year, the company reported revenue of RMB 2,572,542,000 against RMB 2,340,198,000 a year ago. Loss before income tax was RMB 4,849,595,000 against RMB 3,888,013,000 a year ago. Loss for the year attributable to the owners of the company was RMB 4,021,011,000 or RMB 0.52 per basic and diluted share against RMB 3,877,922,000 or RMB 0.50 per basic and diluted share a year ago. Net cash used in operating activities was RMB 349,226,000 against RMB 371,142,000 a year ago. Purchases of property, plant and equipment were RMB 2,141,000 against RMB 220,588,000 a year ago. Payments for the construction of investment properties were RMB 783,562,000 against RMB 694,722,000 a year ago. Net debt as on December 31, 2016 was RMB 24,096,424,000 against RMB 22,813,606,000 as on December 31, 2015.