TC

26/01/2015 10:44

Reorient Group (376) year net turns black to HK$759m; no div

    Reorient Group (00376) said it reported a profit attributable to equity shareholders of HK$759 million for the year ended 31 December 2014, as compared to the loss of HK$87.39 million for the previous financial year.
  Its basic and diluted earnings per share were HK$1.73.
  The revenue was HK$133 million, an increase of 72.05% from a year earlier.
  The net income for the year was mainly driven by the proprietary investments which have contributed HK$920.5 million in unrealized holding gains for the year. The value of such investment may significantly fluctuate from time to time as a result of the changes in market value of the investments.
  No final dividend will be distributed.

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