TC

22/06/2017 09:35

Emperor E Hotel year net up 35% to HK$346m; div HK5.7 cts

    Emperor Entertainment Hotel (00296) said its profit attributable to owners for the year ended 31 March 2017 rose 35.2% year-on-year to HK$346 million.
  Such increase was primarily due to reduction in exchange loss on Renminbi deposits and reduction in the loss on fair value changes of investment properties.
  Basic earnings per share were HK$0.27.
  Revenue amounted to HK$1,613 million, a decrease of 6.3% from a year earlier. Gross profit fell 6.4% year-on-year to HK$1,054 million.
  The proposed final dividend is HK5.7 cents (2016: HK5.2 cents) per share, payable on 15 September 2017.

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