According to the Zhitong Finance App, CaiLife (01778) released its 2017 annual results. Revenue increased 21.3% year-on-year to 1,629 million yuan (same under the unit); profit attributable to shareholders increased 70.8% year-on-year to 320.7 million yuan; earnings per share were 32.19 points, and a final interest of 15 Hong Kong cents per share was proposed.

According to the announcement, the increase in revenue was mainly due to an increase in the total floor area for calculating revenue; and the development of the Group's community leasing, sales and other value-added service businesses.

Among them, the profit of the community leasing, sales and other value-added services segment was about $217.9 million, accounting for about 42.9% of the total profit of the segment in 2017, compared to about 30.2% in 2016. On December 31, 2017, the Group's platform service area increased from about 769.5 million square meters on 31 December 2016 to about 130.7 million square meters to about 900.2 million square meters.

As of December 31, 2017, the Group's construction area under management contracts and consultancy service agreements reached 436 million square meters, and the number of residential communities covered by the Group's management and consulting service contracts reached 2,384, up 10.3% and 1.9%, respectively. Among them, on December 31, 2017, the Group calculated revenue of 293.6 million square meters of construction area, and the number of communities reached 1,926.

The Group has managed projects in 222 cities in China and one overseas country (Singapore), and has achieved rapid expansion of the contracted construction area. What needs to be emphasized in particular is that in 2017, most of the Group's new management area was obtained through bidding (full entrustment method), which is a reflection of the core competitiveness of the Color Life brand, service quality, and market expansion.