SMI Holdings Group Limited announced audited consolidated earnings results for the year ended December 31, 2017. For the year, the company reported revenue of HKD 3,788,764,000 against HKD 3,351,186,000 a year ago. Loss before taxation was HKD 253,275,000 against profit before taxation of HKD 493,097,000 a year ago. Loss for the year attributable to owners of the company was HKD 153,734,000 against profit of HKD 403,724,000 a year ago. Diluted loss per share was 5.65 cents against diluted earnings per share of 14.86 cents a year ago. During the Year, the expenditures on leasehold land and buildings, leasehold improvements and theatre equipment of the Group increased approximately HKD 690 million. The Group also acquired a number of subsidiaries for an aggregated consideration of approximately HKD 1,719 million. The above expenditures were mainly related to the construction and acquisition of movie theatres by the Group all over China.