Zhuoxin International Holdings Limited Reports Audited Consolidated Earnings Results for the Year Ended March 31, 2018
Zhuoxin International Holdings Limited reported audited consolidated earnings results for the year ended March 31, 2018. For the period, the company reported revenue of HKD 650,829,000 compared to HKD 567,406,000 a year ago. Loss from operations was HKD 20,160,000 compared to HKD 89,816,000 a year ago. Loss before tax was HKD 26,888,000 compared to HKD 115,852,000 a year ago. Loss for the year was HKD 26,766,000 or 6.71 cents per basic share compared to HKD 115,859,000 or 23.41 cents per basic share a year ago. Loss attributable to owners of the company was HKD 27,656,000 against HKD 90,745,000 a year ago. Net cash used in operating activities was HKD 3,160,000 against HKD 17,237,000 a year ago. Purchases of property, plant and equipment was HKD 16,000 against HKD 47,000 a year ago. Net debt was HKD 96,033,000 against HKD 98,004,000 a year ago.