Bright Smart Securities & Commodities (01428) said its net profit for the year ended 31 March 2017 dropped 16.5% year-on-year to HK$272 million.
Basic and diluted earnings per share were HK16.02 cents.
Revenue amounted to HK$562.5 million, a decrease of 16.8% from a year earlier. Investment appetite for the stock market was weak due to global economic turmoil, leading to a slump in sales volume. This is the main reason why the Group's revenue decreased.
The Board has recommended the payment of a final dividend of HK4.8 cents for the year (2016: HK5.7 cents), payable on 25 August 2017.