China Sports International Limited announced unaudited consolidated earnings results for the firth quarter and fifteen months ended March 31, 2017. For the quarter, the company announced revenue of RMB 71,121,000 compared to RMB 51,010,000 for the same period a year ago. Profit before income tax was RMB 4,619,000 compared to loss before income tax of RMB 5,502,000 for the same period a year ago. Profit for the period was RMB 4,619,000 or 0.41 cents per diluted share compared to loss of RMB 5,502,000 or 0.57 cents per diluted share for the same period a year ago. Net cash used in operating activities was RMB 4,321,000 compared to RMB 9,459,000 for the same period a year ago. For the fifteen months ended March 31, 2017, the company announced revenue of RMB 288,356,000 compared to RMB 294,510,000 for the same period a year ago. Loss before income tax was RMB 7,658,000 compared to RMB 565,257,000 for the same period a year ago. Loss for the period was RMB 7,658,000 or 0.69 cents per diluted share compared to RMB 565,257,000 or 58.79 cents per diluted share for the same period a year ago. Net cash used in operating activities was RMB 9,109,000 compared to RMB 361,115,000 for the same period a year ago. Purchases of property, plant and equipment was RMB 24,620,000 compared to RMB 24,620,000 for the same period a year ago. The overall decrease in revenue in fifteen months of 2017 was mainly attributable to the persistent and increasing competition in the sportswear industry. Net cash used in operating activities in fifteen months 2017 decreased significantly by approximately RMB 347.5 million as compared to fifteen months 2016 mainly due to the huge loss generated of approximately RMB 565.2 million in fifteen months 2016.