KVB Kunlun Financial Group Limited announced audited consolidated earnings results for year ended December 31, 2016. For the year, the company reported total income of HKD 361,607,000, operating profit of HKD 55,409,000, profit before tax of HKD 54,243,000, profit for the year of HKD 38,688,000 or 1.90 cents diluted per share compared to total income of HKD 406,811,000, operating profit of HKD 130,152,000, profit before tax of HKD 128,149,000, profit for the year of HKD 94,709,000 or 4.65 cents diluted per share a year ago. The decrease in profitability of the Group was primarily contributed by lower market volatility resulted in lower leveraged foreign exchange and other trading income, higher fee and commission expenses due to an increase in trading volumes which rebate is required to be paid to the service providers, capital revaluation loss due to the year-end translation of monetary assets denominated in foreign currency into local reporting currency by KVB Kunlun New Zealand Limited.