eSun Holdings (00571) said it reported a profit attributable to owners of HK$269 million for the year ended 31 July 2014, as compared to the loss of HK$17.21 million for the previous financial year.
Its basic and diluted earnings per share were HK21.6 cents and HK21.5 cents.
The turnover was HK$2,344.8 million, a decrease of 10.9% from a year earlier.
The turnaround is mainly due to the substantial increase in revaluation of the Group's investment properties during the year. Excluding the effect of property revaluations, net loss attributable to owners for the year decreased to HK$163.5 million from HK$249.1 million. This is primarily due to improved performance from the media and entertainment businesses which offset the weaker performance from the film production and distribution businesses and positive contributions from Intercontinental Group Holdings Limited.
No final dividend will be distributed.
17/10/2014 08:51
eSun Holdings (0571) year net turns black to HK$269m; no div
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