Jinmao Investments Holdings Limited Announces Audited Consolidated Earnings Results for the Year Ended December 31, 2016
March 27, 2017 at 12:21 am EDT
Jinmao (China) Investments Holdings Limited announced audited consolidated earnings results for the year ended December 31, 2016. For the year, the company reported revenue of RMB 2,450,751,000 against RMB 2,390,261,000 a year ago. Profit before tax was RMB 591,206,000 against RMB 657,447,000 a year ago. Profit for the year was RMB 374,626,000 or RMB 0.19 per basic and diluted share against RMB 436,098,000 or RMB 0.22 per basic and diluted share a year ago. Net cash flows from operating activities were RMB 1,244,165,000 against RMB 909,831,000 a year ago. Purchases of items of property, plant and equipment was RMB 246,521,000 against RMB 504,161,000 a year ago. Additions to intangible assets were RMB 3,868,000 against RMB 3,224,000 a year ago. Net debt was RMB 6,089.8 million as at 31 December 2016 against RMB 6,279.1 million as at 31 December 2015.