According to the Zhitong Finance App, China Jinyang (01282) announced its full-year results. In 2017, the company achieved revenue of HK$2,825 million (same under the unit), an increase of 184% over the previous year; net profit of 869 million yuan, an increase of 86% over the previous year; basic earnings per share were HK$3.90 cents; and plans to pay 0.51 HK cents per share.

Regarding the sharp increase in revenue, the announcement stated that property investment and development became the group's main source of revenue, mainly through the sale of completed properties sold, accounting for 50.0% of total revenue. The automation and securities investment segments also contributed 21.7% and 18.8% of revenue respectively. The manufacturing and financial services segments both accelerated their development during the year, each contributing more than 100 million dollars in revenue.

In 2017, the company's gross profit increased 84.1% to 871 million yuan, while gross margin fell to 30.8%, mainly because the lower gross margin real estate development segment offset the higher gross margin financial services and securities investment segment.