China Gaoxian Fibre Fabric Holdings Ltd. reported unaudited consolidated earnings results for the year ended December 31, 2016. For the year, the company reported revenue of RMB 1,173,742,000 against RMB 147,006,000 a year ago. The increase was mainly due to (i) revenue cut-off adjustment of RMB 1.2 million and (ii) recognition of Group's share of profit under the supply chain cooperation agreement with Zhejiang Materials of RMB 12.5 million. They are offset by the reclassification of RMB 6.3 million to other income. Loss before tax was RMB 375,090,000 against RMB 787,042,000 a year ago. Net loss for the year, representing total comprehensive loss for the ear attributable to equity holders of the company was RMB 375,090,000 against RMB 787,042,000 a year ago. Loss per share attributable to equity holders of the company, basic and diluted, was RMB 3.30 per share against RMB 6.92 per share a year ago. Net cash flows generated from operating activities was RMB 127,274,000 against net cash flows used in operating activities RMB 30,561,000 a year ago. Purchase of property, plant and equipment, representing net cash flows used in investing activity was RMB 40,351,000 against RMB 142,688,000 a year ago.