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For the six months ended 30 June 2017, China Assets (Holdings) Limited revenues increased 68% to $483K. Net income totaled $5.2M vs. loss of $1.3M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net Income reflects FV Adjustments of Financial Investments decrease from $296K (expense) to $947K (income), Loss on disposal of interest in an assoc decrease from $118K (expense) to $0K.
Period Ending: | Jun 30, 2017 | Dec 31, 2016 | Jun 30, 2016 | Dec 31, 2015 |
---|---|---|---|---|
Total Revenue | 0.48 | 0.56 | 0.29 | 0.5 |
Gross Profit | ||||
Operating Income | 5.67 | 13.15 | -0.86 | -0.76 |
Net Income | 5.21 | 13.69 | -1.32 | -0.87 |
Period Ending: | Jun 30, 2017 | Dec 31, 2016 | Jun 30, 2016 | Dec 31, 2015 |
---|---|---|---|---|
Total Assets | 204.95 | 208.32 | 197 | 228.4 |
Total Liabilities | 2.87 | 3.74 | 4.08 | 3.57 |
Total Equity | 202.08 | 204.57 | 192.93 | 224.83 |
Period Ending: | Jun 30, 2017 | Dec 31, 2016 | Jun 30, 2016 | Dec 31, 2015 |
---|---|---|---|---|
Period Length: | 0 Months | 12 Months | 6 Months | 12 Months |
Cash From Operating Activities | -6.49 | -1.49 | -6.23 | |
Cash From Investing Activities | 16.82 | -0.46 | 23.07 | |
Cash From Financing Activities | 15.33 | |||
Net Change in Cash | 25.47 | -2.01 | 16.56 |
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