Midas Holdings Limited reported unaudited group earnings results for the third quarter and nine months ended September 30, 2016. For the, third quarter, the company reported revenue was RMB 420.8 million compared to RMB 412.2 million for the same period a year ago. Profit before tax was RMB 29.2 million compared to RMB 19.7 million for the same period a year ago. Profit for the period was RMB 22.6 million compared to RMB 13.9 million for the same period a year ago. Earnings per diluted share were RMB 1.32 compared to RMB 1.14 for the same period a year ago. The growth in net profit was supported mainly by increased share of profits from the Group's associated company CRRC Nanjing Puzhen Rail Transport Co. Ltd. from RMB 2.5 million in third quarter of 2015 to RMB 12.4 million in third quarter 2016. Net cash used in operating activities was RMB 188,043,000 compared to net cash generated from operating activities of RMB 28,823,000 for the same period a year ago. Purchase of property, plant and equipment was RMB 20,663,000 compared to RMB 52,519,000 for the same period a year ago. For the nine months, revenue was RMB 1,107.1 million compared to RMB 1,107.1 million for the same period a year ago. Profit before tax RMB 74.6 million compared to RMB 46.1 million for the same period a year ago. Profit for the period was RMB 51.2 million compared to RMB 36.4 million for the same period a year ago.