Sincap Group Limited announced unaudited consolidated earnings results for the year ended December 31, 2016. For the year, the company's revenue was RMB 294,884,000 compared to RMB 692,429,000 a year ago. This was due to a decrease in the revenue from the sale of alumina of RMB 599.0 million; which is offset by increase in revenue from sales of coal, sales of gypsum and the recognition on the sales of proceeds from the disposal of development property of RMB 149.6 million, RMB 6.2 million and RMB 45.7 million respectively. Profit before tax was RMB 4,776,000 compared to loss before tax of RMB 12,537,000 a year ago. Profit for the year was RMB 587,000 compared to loss for the year of RMB 18,381,000 a year ago. Loss attributable to owners of the parent, net of tax was RMB 6,819,000 compared to RMB 18,623,000 a year ago. Net cash flows used in operating activities was RMB 42,724,000 compared to RMB 9,301,000 a year ago. Purchase of plant and equipment was RMB 2,135,000 compared to RMB 2,627,000 a year ago. As on December 31, 2016, the company's net asset value per ordinary share was RMB 23.37. Diluted loss per share was RMB 1.37 against RMB 5.05 a year ago. Recurring EBITDA was RMB 24,739,000 compared with RMB 15,626,000 a year ago.