China Education Resources Inc. announced audited consolidated financial results for the year ended December 31, 2017. For the year ended December 31, 2017, the company reported aggregate sales revenue of $11,825,995 as compared to $13,420,347 for the same period in 2016. The company recognized a net profit of $1,357,757 attributable to the shareholders for the year ended December 31, 2017 as compared to a net profit of $916,204 attributable to the shareholders for the same period in 2016. The decrease in revenue was mainly due to content of some textbooks have to be updated according to the new requirements from the regulatory authorities. The net income per share was $0.03 for the year ended December 31, 2017 as compared to $0.02 for comparable period ended December 31, 2016.

The company expects to generate more revenue in 2018.