great wall pan asia holdings (583) Snapshot

Great Wall Pan Asia Holdings Limited announced audited consolidated earnings results for the year ended December 31, 2017. For the period, the company’s revenue was HKD 122,953,000 as compared to HKD 91,707,000 for the same period last year. Operating profit of continuing operations was HKD 265,692,000 as compared to HKD 150,304,000 for the same period last year. Profit before income tax form continuing operations was HKD 261,483,000 as compared to HKD 311,336,000 for the same period last year. Profit for the year from continuing operations was HKD 249,158,000 as compared to HKD 307,719,000 for the same period last year. Diluted and earnings per share from continuing operations were 15.89 cents as compared to 19.64 cents for the same period last year. Profit for the year attributable to shareholders of the company was HKD 249,158,000 or 15.89 cents per basic and diluted share as compared to HKD 1,715,360,000 or 109.47 cents per diluted share for the same period last year. Net cash generated from operating activities for the year ended 31 December 2017 was HKD 33.8 million, compared with net cash used in operating activities of HKD 10.0 million in 2016. The increase in operating cash flows was due to higher revenue in the operations generated during the year. Capital expenditure for the year was HKD 4.5 million, compared with HKD 11.0 million in 2016. Substantially, the capital expenditure was incurred in connection with the Company's current office.

Great Wall Pan Asia Holdings Limited announced that they will report fiscal year 2017 results on Mar 26, 2018

Great Wall Pan Asia Holdings Limited, Board Meeting, Mar 26, 2018. Agenda: To consider and approve the publication of annual results of the company and its subsidiaries for the year ended 31 December 2017; and to consider transacting any other business.