Baofeng Modern International Holdings Company Limited announced audited consolidated earnings results for the year ended December 31, 2017. For the full year, the company's revenue was RMB 125,501,000 against RMB 215,831,000 a year ago. Loss before tax was RMB 438,442,000 against RMB 309,907,000 a year ago. Loss for the year and total comprehensive expenses for the year attributable to owners of the company was RMB 435,370,000 against RMB 317,578,000 a year ago. Basic and diluted loss per share was RMB 0.40 against RMB 0.29 a year ago. Net cash inflow from operating activities of the Group amounted to approximately RMB 28.3 million against RMB 33.2 million a year ago.