Fujian Holdings Limited announced audited consolidated earnings results for the year ended December 31, 2013. For the year, the company reported revenue of HKD 12,666,369 compared to HKD 15,017,022 a year ago. Loss before tax was HKD 6,172,885 compared to profit before tax of HKD 1,422,179 a year ago.

Loss for the year was HKD 5,648,754 or 1.06 cents per basic and diluted share compared to profit for the year of HKD 1,551,443 or 0.29 cents per basic and diluted share a year ago. The loss was mainly due to the much lower gains arising on change in fair value of investment properties for the year 2013 when compared to the corresponding financial year as well as the termination of the management contract over the operation right of Group's Hotel on 9 October 2012 and the Group no longer enjoys the income from granting the management right of the Group's Hotel during the year under review. The decrease in turnover of the group is mainly due to the decrease in business volume of star-rated hotel during the year under review.