Luzhou Bio-chem Technology Limited announced unaudited group earnings results for the third quarter and nine months ended September 30, 2017. For the quarter, the company reported revenue of RMB 513,305,000 against RMB 509,586,000 a year ago. Loss before taxation was RMB 34,474,000 against RMB 2,590,000 a year ago. Loss for the period and total comprehensive loss was RMB 34,536,000 against RMB 3,678,000 a year ago. Diluted and basic loss per share was 5.8 cents against 0.6 cents a year ago. Net cash generated from operating activities was RMB 70,147,000 against RMB 74,709,000 a year ago. Purchase of plant and equipment was RMB 15,175,000 against RMB 81,629,000 a year ago. Purchase of land use rights was RMB 6,642,000. The group's revenue increased slightly by 0.7%. This was mainly due to the increase in sales volume of corn refining segment, which was partially offset by the decrease in the average selling price resulting from the stiff competition in the corn sweetener industry. For the nine months, the company reported revenue of RMB 1,509,448,000 against RMB 1,384,315,000 a year ago. Profit before taxation was RMB 1,376,000 against loss before taxation of RMB 27,016,000 a year ago. Profit for the period and total comprehensive income was RMB 813,000 against loss for the period and total comprehensive loss of RMB 30,867,000 a year ago. Diluted and basic profit per share was 0.1 cents against loss of 5.2 cents a year ago. Net cash generated from operating activities was RMB 120,673,000 against RMB 114,913,000 a year ago. Purchase of plant and equipment was RMB 32,693,000 against RMB 131,722,000 a year ago. Purchase of land use rights was RMB 6,642,000.