Zhongsheng Group Holdings Limited Reports Audited Consolidated Earnings Results for the Year Ended December 31, 2016
April 27, 2017 at 04:56 am EDT
Zhongsheng Group Holdings Limited reported audited consolidated earnings results for the year ended December 31, 2016. For the year, the company reported revenue of RMB 71,599,221,000 compared to RMB 59,142,607,000 a year ago. Profit from operations was RMB 3,892,299,000 compared to RMB 2,009,927,000 a year ago. Profit before tax was RMB 2,878,427,000 compared to RMB 715,638,000 a year ago. Profit for the year was RMB 2,041,738,000 compared to RMB 481,309,000 a year ago. Profit attributable to owners of the parent was RMB 1,860,228,000 compared to RMB 460,964,000 a year ago. Diluted earnings per share attributable to ordinary equity holders of the parent was RMB 0.85 compared to RMB 0.21 a year ago. Net cash generated from operating activities was RMB 4,512,641,000 compared to RMB 4,651,667,000 a year ago. Purchase of items of property, plant and equipment was RMB 1,433,212,000 compared to RMB 1,596,050,000 a year ago. Purchase of intangible assets was RMB 6,654,000 compared to RMB 16,461,000 a year ago. Net debt was RMB 18,624,137,000 compared to RMB 18,442,666,000 a year ago.