Full Apex Limited Reports Unaudited Group Earnings Results for the First Quarter of 2016
Full Apex (Holdings) Limited reported unaudited group earnings results for the first quarter of 2016. For the quarter, the company reported revenue of RMB 264,309,000 compared to RMB 251,859,000 a year ago. Loss before income tax was RMB 6,237,000 compared to profit before income tax of RMB 3,534,000 a year ago. Loss for the period was RMB 6,962,000 compared to profit for the period of RMB 2,272,000 a year ago. Loss attributable to owners of the company was RMB 6,962,000 compared to profit attributable to owners of the company of RMB 2,272,000 a year ago. Net cash used in operating activities of RMB 82,700,000 compared to net cash generated from operating activities of RMB 159,351,000 a year ago. Purchases of property, plant and equipment was RMB 23,000 compared to RMB 171,000 a year ago. Basic loss per share was 0.79 cents compared to basic earnings per share of 0.26 cents a year ago. Net asset value per ordinary share was 128.9 cents.