Kinetic Mines and Energy Limited announced audited consolidated earnings results for the year ended December 31, 2017. For the year, the company reported revenue of RMB 1,749,538,000 against RMB 1,051,457,000 a year ago. Profit from operations was RMB 746,273,000 against RMB 248,049,000 a year ago. Profit before taxation was RMB 707,480,000 against RMB 193,088,000 a year ago. Profit for the year attributable to owners of the company was RMB 540,048,000 against RMB 138,106,000 a year ago. Basic and diluted earnings per share attributable to owners of the company were 6.41 cents against 1.64 cents a year ago. Net cash flows from operating activities were RMB 753,700,000 against RMB 264,448,000 a year ago. Purchases of items of property, plant and equipment was RMB 76,024,000 against RMB 57,354,000 a year ago. For the year ended December 31, 2017, the Group incurred capital expenditures of approximately RMB 127.9 million for the development and mining production activities of the Dafanpu Coal Mine. The capital expenditures were mainly related to the purchase of machinery and equipment and maintenance and/or construction of coal shafts and the conveyor system of the Dafanpu Coal Mine. EBITDA was RMB 746,273,000 against RMB 248,049,000 a year ago. The increase in the Group's revenue was mainly attributable to the increase in the selling price of the coal product per tonne of the Group and the increase in sales volume from 2.72 million tonnes for the year ended 31 December 2016 in tonnes to 3.68 million tonnes for the year ended 31 December 2017. Net debt as on December 31, 2017 was RMB 647,127,000 against RMB 923,791,000 as on December 31, 2016.