Sound Global Ltd. Reports Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2016
Sound Global Ltd. reported unaudited consolidated earnings results for the six months ended June 30, 2016. For the period, the company reported revenues of RMB 2,144,470,000 against RMB 1,933,103,000 a year ago. Profit before income tax was RMB 489,180,000 against RMB 398,691,000 a year ago. Profit for the year attributable to owners of the company was RMB 385,249,000 against RMB 317,415,000 a year ago. Basic and diluted earnings per share were 25.58 cents against diluted earnings per share of 20.97 cents a year ago. Net cash used in operating activities was RMB 628,478,000 compared to net cash generated from operating activities of RMB 1,050,351,000 a year ago. Purchases of property, plant and equipment was RMB 49,982,000 as compared to RMB 8,890,000 a year ago.