Zibao Metals Recycling Holdings Plc reported audited consolidated earnings results for the year ended March 31, 2015. For the period, the company reported revenue of HKD 403,798,000 against HKD 443,607,000 a year ago. Profit before tax was HKD 9,174,000 against HKD 7,990,000 a year ago.

Profit for the year from continuing operations was HKD 7,743,000 or HKD 0.080 per diluted share against HKD 5,811,000 or HKD 0.072 per basic and diluted share a year ago. Profit and total comprehensive income for the year attributable to the owners of the company was HKD 7,743,000 or HKD 0.080 per diluted share against HKD 5,855,000 or HKD 0.073 per basic and diluted share a year ago. Net cash from operating activities was HKD 18,837,000 against HKD 10,784,000 a year ago.

Revenue decreased by 9% due to weaker demand resulting in downward pressure on prices and margins. Net debt was HKD 37,564,000 against HKD 37,144,000 a year ago.