Powerlong Commercial Management Holdings Limited reported audited consolidated earnings results for the year ended December 31, 2019. For the year, revenue of the group amounted to approximately RMB 1,620.5 million, representing an increase of approximately 35.0% as compared with approximately RMB 1,200.4 million for the year ended 31 December 2018. Profit of the Group for the year amounted to approximately RMB 178.6 million or RMB 44.01 per basic share, representing an increase of 34.0% as compared with approximately RMB 133.3 million or RMB 32.92 per basic share for the year ended 31 December 2018. Operating profit was RMB 279,371,000 compared to RMB 225,467,000 a year ago.