Sino Golf Holdings Limited announced audited consolidated financial results for the year ended 31 December 2016. For the year, revenue was HKD 202,530,000 against HKD 261,766,000 a year ago. Loss before tax was HKD 143,767,000 against HKD 91,068,000 a year ago. Loss for the year was HKD 144,018,000 against HKD 91,068,000 a year ago. Loss per basic and diluted was 5.20 cents against 3.91 cents a year ago. Net cash used in operating activities of HKD 10,532,000 against HKD 51,849,000 a year ago. Purchase of property, plant and equipment was HKD 5,208,000 against HKD 3,818,000 a year ago. Prepayments for the acquisition of property, plant and equipment was HKD 567,000 against HKD 740,000 a year ago.