Baofeng Modern International Holdings Company Limited announced audited consolidated earnings results for the year ended December 31, 2018. For the year, the company reported revenue of RMB 164,480,000 compared to RMB 125,501,000 a year ago. Loss for the year and total comprehensive expenses attributable for the year attributable to owners of the company was RMB 275,328,000 compared to RMB 435,370,000 a year ago. Loss per basic and diluted per share was RMB 0.25 compared to RMB 0.40 a year ago.