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For the fiscal year ended 31 December 2018, China New Borun Corp (ADR) revenues decreased 16% to RMB1.8B. Net loss totaled RMB39.2M vs. income of RMB176.7M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net loss reflects Government subsidy decrease from RMB117.2M (income) to RMB0K, General and administrative increase of 8% to RMB52.9M (expense).
Period Ending: | Dec 31, 2018 | Jun 30, 2018 | Dec 31, 2017 | Sep 30, 2017 |
---|---|---|---|---|
Total Revenue | 863.51 | 940.37 | 612.86 | 457.01 |
Gross Profit | 75.61 | 65.71 | 59.68 | 30.06 |
Operating Income | -6.46 | 42.32 | 164.79 | 17.38 |
Net Income | -49.71 | 10.5 | 113.51 | 1.27 |
Period Ending: | Dec 31, 2018 | Jun 30, 2018 | Dec 31, 2017 | Sep 30, 2017 |
---|---|---|---|---|
Total Assets | 3116.02 | 3285.89 | 3197.22 | 3185.32 |
Total Liabilities | 1109.68 | 1229.79 | 1151.63 | 1253.25 |
Total Equity | 2006.34 | 2056.1 | 2045.6 | 1932.07 |
Period Ending: | Dec 31, 2018 | Jun 30, 2018 | Dec 31, 2017 | Sep 30, 2017 |
---|---|---|---|---|
Period Length: | 0 Months | 0 Months | 0 Months | 0 Months |
Cash From Operating Activities | ||||
Cash From Investing Activities | ||||
Cash From Financing Activities | ||||
Net Change in Cash |
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