BM Mobility Ltd. reported audited consolidated earnings results for the year ended Dec. 31, 2017. The group reported revenue of RMB 21,532,000, loss before tax from continuing operations of RMB 95,011,000, net loss from continuing operations, net of tax of RMB 94,725,000 or 21.49 cents per basic and diluted share against revenue of RMB 43,191,000, loss before tax from continuing operations of RMB 139,906,000, net loss from continuing operations, net of tax of RMB 139,906,000 or 37.44 cents per basic and diluted share a year ago. Net cash flows used in operating activities were RMB 3,665,000 against RMB 26,021,000 a year ago. Purchase of plant and equipment was RMB 177,000 against RMB 7,136,000 a year ago. Loss for the year, representing total comprehensive loss for the year was RMB 107,736,000 or 24.44 cents per basic and diluted share against RMB 155,226,000 or 41.54 cents per basic and diluted share a year ago. Revenue for the year ended 31 December 2017 declined 50% from the previous year due to stiff competition and weak demand for the Company's synthetic rubber products and foamed materials.