PNG Resources (00221) said its profit attributable to owners for the six months ended 30 September 2014 surged 2.3 times year-on-year to HK$48.7 million.
Its basic and diluted earnings per share were HK5.26 cents.
The turnover from continuing operations amounted to HK$455 million, a decrease of 13.4% from a year earlier.
The improvement in results was mainly due to the net effect of, among other things, the increase in profit realized from the Group's sales of properties in the PRC and the increase in fair value of the financial assets at fair value through profit or loss, net of the loss on deemed disposal of an associate of the Group.
No interim dividend will be distributed.
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