Fincera Inc. Announces Consolidated Earnings Results for the Year Ended December 31, 2017
Fincera Inc. announced consolidated earnings results for the year ended December 31, 2017. For the year, the company reported total income of RMB 1,023,851,000 against RMB 875,925,000 a year ago. Loss from continuing operations before income taxes was RMB 11,596,000 against RMB 4,830,000 a year ago. Loss from continuing operations was RMB 10,718,000 against RMB 13,364,000 a year ago. Net loss was RMB 8,382,000 or RMB 0.18 per basic and diluted share against RMB 12,270,000 or RMB 0.26 per basic and diluted share a year ago. Net cash provided by operating activities was RMB 2,134,120,000 against RMB 859,200,000 a year ago. Purchase of property, equipment and leasehold improvements was RMB 3,556,000 against RMB 52,080,000 a year ago.