Clear Media Limited reported audited consolidated earnings results for the year ended December 31, 2016. For the year, the company reported turnover of RMB 1,607,778,000 against RMB 1,486,462,000 a year ago. EBITDA was RMB 700,911,000 against RMB 643,631,000 a year ago. Net profit attributable to owners of the parent was RMB 242,901,000 against RMB 228,202,000 a year ago. Diluted EPS was RMB 0.4484 per share compared to RMB 0.4216 per share a year ago. Profit before tax was RMB 379,013,000 against RMB 360,429,000 a year ago. Net cash flows from operating activities was RMB 496,233,000 against RMB 448,901,000 a year ago. Purchases of items of property, plant and equipment, excluding construction in progress was RMB 14,837,000 against RMB 37,732,000 a year ago.

The company provided capital expenditure guidance for the full year of 2017. The company expects capital expenditure to be a similar level at 2016, which is about RMB 370 million.