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RESULTS
The turnover of the Company and
the subsidiaries for the year ended 31 December 2008 was HK$1,707,919,000
(2007: HK$1,681,854,000), representing an increase of approximately 1.55%.
Profit attributable to the shareholders was HK$144,596,000, representing a
decrease of approximately 53.36% as compared with HK$310,037,000 in last
year. Owing to the inclusion of an one-off non-recurring income from
consultancy services with respect to securities investments in last year’s
profit, in addition to the adjustments made in the fair value of assets this
year, the profit performance was thereby affected.
Taking into account the
uncertainties in the current global economy and market, the Company must
adopt prudent strategy in retaining sufficient financial strengths and
resources for development, therefore upon discussion, the Board of Directors
recommends no dividend to be distributed for the year. |