Evergreen International Holdings Limited announced preliminary consolidated audited earnings results for the full year ended December 31, 2016. For the year, the company reported revenues of RMB 421,839,000 compared with RMB 451,565,000 for the same period a year ago. Loss before tax was RMB 79,632,000 compared with RMB 78,543,000 for the same period a year ago. Loss attributable to ordinary shareholders of the company was RMB 80,409,000 or 8.5 cents per basic and diluted share compared with RMB 75,575,000 or 8.0 cents per basic and diluted share for the same period a year ago. The increase in the loss attributable to ordinary equity holders of the company is mainly attributable to the decrease in gross profit, non-cash write-down of inventories, impairment of leasehold improvements, trade receivables and investment in an associate, and the operating loss incurred for the Group's new high-end children's wear and accessories product segment, which was in the investment stage. The decrease in turnover was mainly due to the decrease in sales of V.E. DELURE and TESTANTIN under difficult market conditions.