Luk Fook Holdings (00590) said its profit attributable to equity holders for the year ended 31 March 2016 dropped 40.6% year-on-year to HK$959 million.
Basic and diluted earnings per share were HK$1.63.
The revenue was HK$14,031 million, a decrease of 11.9% from a year earlier.
Gross profit fell 15.1% year-on-year to HK$3,254 million. Gross Margin dropped to 23.2% from 24.1%.
The overall same store sales growth (SSSG) of the Group was -19.3% (2015: -28.3%). SSSG for the Hong Kong and Macau market was -20.1% (2015: -28.2%) and that for the Mainland China market was -8.2% (2015: -29.8%).
The proposed final and special dividends are HK34 cents (2015: HK55 cents) and HK21 cents (2015: Nil) per share, payable on or around 1 September 2016.
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