Mountain China Resorts (Holding) Limited reported consolidated earnings results for the year ended December 31, 2016. For the year, the company reported revenue of CAD 14,763,000 against CAD 13,608,000 a year ago. Operating loss from continuing operations were CAD 5,380,000 against CAD 6,704,000 a year ago. Loss from continuing operations were CAD 11,393,000 against CAD 14,155,000 a year ago. Net loss was CAD 11,393,000 or CAD 0.04 basic and diluted per share against CAD 23,355,000 or CAD 0.05 basic and diluted per share a year ago. Resort operations EBITDA from continuing operations for 2016 were CAD 2.76 million compared to CAD 2.26 million last year. The increase of EBITDA was mainly due to development of China's skiing industry as a whole and management's continuous effort in improving service qualities.