Youyuan International Holdings Limited announced audited consolidated earnings results for the year ended 31 December 2017. For the year, on consolidated basis revenue was RMB 2,638,825,000 compared to RMB 1,799,488,000 for the same period a year ago. Profit before tax was RMB 1,080,971,000 compared to RMB 387,248,000 for the same period a year ago. Profit and total comprehensive income for the year attributable to owners of the company was RMB 961,981,000 or RMB 0.775 per diluted earnings per share compared to RMB 310,633,000 or RMB 0.262 per basic and diluted earnings per share for the same period a year ago. The increases in profit and total comprehensive income attributable to owners of the company were attributable to the increase in sales volume and average selling price of the Group's products, consolidating the results of Xin Wing Group since 1 September 2017, gain on deemed disposal of an associate and net foreign exchange gain due to depreciation of USD against RMB, the impact of which was partly set off by a result of higher income tax charged and high finance cost during the year. For the year ended 31 December 2017, the Group invested RMB 167,600,000 compared to RMB 265,400,000 in construction of production facilities and equipment and prepaid lease payments for the same period a year ago.