Chinney Kin Wing Holdings Limited announced consolidated earnings results for the year ended December 31, 2017. For the period, the company reported revenue of HKD 1,190,441,000 compared to HKD 1,386,125,000 a year ago. Profit before tax was HKD 97,228,000 compared to HKD 121,921,000 a year ago. Profit and total comprehensive income attributable to equity holders of the company was HKD 81,606,000 compared to HKD 102,028,000 a year ago. Basic and diluted earnings per share attributable to ordinary equity holders of the company were 5.44 cents compared to 6.80 cents a year ago. Capital expenditure was HKD 64,653,000 compared to HKD 46,871,000 a year ago. The decrease of revenue in the reporting year was primarily due to the continuing weakness of the foundation market and keen competition among the market players which in turn resulted in reducing the contract value of individual projects. The decrease in net profit was directly due to the decrease of gross profit but the extent of the decrease was partly set-off by decreases in administrative expenses.