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Legend Holdings announced its 2018 financial report: annual revenue of 358.92 billion yuan, an increase of 13%

Legend Holdings Limited today announced its audited annual results for the 12 months ended December 31, 2018. In 2018, the company's annual revenue was RMB 358.92 billion, up 13% year-on-year; net profit attributable to equity holders of the Company was RMB 4.362 billion, down 14% year-on-year, mainly due to the impact of the financial investment business on the capital market. The fair value of investment products decreased; the basic earnings per share was RMB 1.87.


During the reporting period, the overall income of strategic investment recorded RMB 358.031 billion, a year-on-year increase of 14%, and the net profit attributable to the mother was RMB 5.223 billion, an increase of 186% year-on-year. IT sector revenue increased by 10% year-on-year to RMB 330.78 billion, and the net profit of the mother turned losses to RMB 1.085 billion. Lenovo Group PC market share ranked first in the world, with a share of 24.6%. In the fourth quarter, the mobile business recorded its pre-tax profit for the first time since the acquisition of Motorola. The financial services sector maintained steady growth, with revenue up 91% year-on-year to RMB 6.962 billion; net profit attributable to mothers increased 56% year-on-year to RMB 2.567 billion.


During the reporting period, the company officially completed the acquisition of 89.936% of the shares of Luxembourg International Bank. The income for the six months from July to December 2018 was RMB 2.165 billion and the net profit was RMB 510 million. Zhengqi Finance officially submitted an application for listing on the Main Board of the Hong Kong Stock Exchange. During the period, revenue increased by 55% year-on-year to RMB 1.831 billion. Innovative consumption and services segment realized revenue of RMB 1.288 billion, and the net profit of the mother turned losses into RMB 1.99 billion. Deji Hospital achieved a year-on-year increase of 24% in revenue to RMB 273 million. During the reporting period, Sanyu Education recorded a revenue of RMB 497 million and a net profit of RMB 51 million. Revenue from the agricultural and food sectors increased by 161% year-on-year to RMB 12.94 billion, and net profit attributable to the mother was RMB 210 million. Revenue from the advanced manufacturing and professional services sectors increased by 8% year-on-year to RMB 6.331 billion, and the net profit attributable to the mother was RMB 262 million.

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