CITIC Dameng (01091) said its loss attributable to owners of the parent narrowed to HK$87.91 million for the year ended 31 December 2016, as compared to the loss of HK$956 million for the previous financial year.
Basic and diluted loss per share was HK2.56 cents.
The revenue was HK$3,248 million, an increase of 29% from a year earlier.
Gross profit amounted to HK$424 million, as compared to the gross loss of HK$87.64 million for 2015. The Group's overall gross profit margin was substantially improved to 13.1%, representing an increase of 16.6% from negative 3.5% of 2015.
No final dividend will be distributed.
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