CIMC Enric Holdings announces 2016 results

CIMC Enric Holdings Limited has announced its financial results for 2016.

Chairman of CIMC Enric, Mr Gao Xiang said: “CIMC Enric experienced a crucial year in 2016 with a range of challenges facing the sectors it engaged in. After many years of recorded profit attributable to equity shareholders of the Company, the Company reported a loss attributable to equity shareholders for the year of 2016. Nevertheless, it would not affect the Group’s vision of becoming a world-leading manufacturer of specialised equipment and provider of project engineering services for energy, chemical and liquid food industries.”

Loss attributable to equity shareholders of the Company amounted to RMB928,772,000, representing a fall of 278.9% over the previous year. Basic loss per share was RMB0.480 and diluted loss per share was RMB0.480.

For full details visit www.cimc.com

26th March 2017