Fairwood Holdings Limited announced consolidated earnings results for the year ended March 31, 2017. For the year, the company’s revenue was HKD 2,580,904,000 against HKD 2,427,973,000 a year ago. Profit from operations was HKD 249,539,000 against HKD 243,072,000 a year ago. Profit before taxation was HKD 249,445,000 against HKD 242,901,000 a year ago. Profit for the year attributable to equity shareholders of the company was HKD 205,281,000 against HKD 200,778,000 a year ago. Diluted earnings per share were 159.11 cents against 157.53 cents a year ago. Return on average equity was 29.5% against 29.6% a year ago, being profit attributable to equity shareholders of the company before the net gain on disposal of non-current assets held for sale against the average total equity at the beginning and the end of the year. During the year, capital expenditure was approximately HKD 174.5 million compared with HKD 137.5 million a year ago, which was mainly for the renovation works for new and existing shops. The increase was mainly due to more stores opened compared to last year.