06 Nov ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2017
ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2017
Issued Date: 25/03/2018
Financial Highlights of 2017 Annual Results:
• For the financial year ended 31 December 2017, the Group’s revenue and profit attributable to owners of the Company amounted to approximately RMB 66.7 million (2016: approximately RMB 55.9 million) and approximately RMB 24.3 million (2016: approximately RMB 31.5 million) respectively
• For the financial year ended 31 December 2017, basic earnings per share of the Group was approximately RMB0.07 as compared to basic earnings per share of
approximately RMB0.10 for the corresponding period last year.
• The Directors did not recommend the declaration of final dividend for the year ended 31 December
2017 (2016: nil).
In China, it is expected that take-up of office market will remain stable in both Chengdu and Kunming downtown area and as financial hub and bolstered by demand from financial and professional sectors. The rental growth will be constrained due to influx of premier office supply and decentralization of office submarkets. To sustain high occupancy rate and steady recurring revenue, the Group will continue to adopt competitive rental strategies.
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