Fujian Holdings Limited announced audited consolidated earnings results for the year ended December 31, 2014. For the year, the company reported revenue of HKD 10,688,328 compared to HKD 12,666,369 a year ago. Loss before tax was HKD 548,355 compared to HKD 6,172,885 a year ago.

Loss for the year was HKD 500,450 or 0.09 cents per basic and diluted share compared to HKD 5,648,754 or 1.06 cents per basic and diluted share a year ago. The reduction in loss was mainly due to the much higher gains arising on change in fair value of investment properties for the year 2014 when compared to the corresponding financial year. The net effect of the increase was approximately HKD 4.96 million in gain arising on change in fair value of investment properties as compared with the correspondence period last year.

The decrease in revenue was mainly due to the decrease in business volume of star-rated hotel during the year.