China Futex Holdings Limited announced audited consolidated earnings results for the year ended December 31, 2018. For the year, the company reported revenue of RMB 133,948,000 against RMB 131,627,000 a year ago. Profit from operations was RMB 27,551,000 against RMB 26,897,000 a year ago. Profit for the year attributable to owners of the company was RMB 20,667,000 or 2.07 cents basic per share against RMB 18,975,000 or 2.73 cents basic per share a year ago.

The company provided earnings guidance for full year of 2019. In 2019, the group's mission to provide high quality and efficient circular knitting machines to its customers remains unchanged. The Group will continue to fulfill this commitment and differentiate itself in the market through its on-going product development and enhanced services. As the overseas markets continue to expand, the group aims to achieve a higher revenue in overseas markets. Due to fierce market competition in the industry and the international trading market, the Group anticipates a forthcoming challenging year.