Asia Cassava Resources Holdings Limited reported audited consolidated earnings results for the year ended March 31, 2018. For the year, the company's revenue was HKD 2,268,949,000 compared with HKD 1,988,738,000 a year ago. Increase in the group's revenue was mainly attributable to (i) the increase in average selling price of dried cassava chips by approximately 8.2% and (ii) the increase in sales volume by approximately 5.4% during the current year. Profit before tax was HKD 32,431,000 compared with HKD 20,157,000 a year ago. Profit attributable to owners of the company was HKD 33,155,000 or 5.67 cents per basic and diluted share compared with HKD 17,058,000 or 2.92 cents per basic and diluted share a year ago. Cash used in operations was HKD 259,840,000 compared with cash generated from operations of HKD 502,000 a year ago. Purchases of items of property, plant and equipment was HKD 980,000 compared with HKD 2,736,000 a year ago.