The Cross-Harbour Limited Recommends Final Dividend for the Year Ended December 31, 2015; Reports Consolidated Earnings Results for the Year Ended December 31, 2015
The company reported consolidated earnings results for the year ended December 31, 2015. For the year, the company's revenue was HKD 397,402,000 compared to HKD 343,912,000 a year ago. The increase was attributable to the improved performance of motoring school operation and a net gain from disposal of securities investment. Profit from operations was HKD 157,198,000 compared to HKD 60,686,000 a year ago. Profit before taxation was HKD 681,909,000 compared to HKD 532,778,000 a year ago. Profit was HKD 663,438,000 compared to HKD 510,700,000 a year ago. Profit attributable to equity shareholders of the Company was HKD 619,808,000 compared to HKD 472,214,000 a year ago. The increase in 2015 was mainly attributable to an increase in contributions from tunnel operations and treasury segment resulting from positive fair value changes in trading securities. Earnings per share - basic and diluted was HKD 1.66 compared to HKD 1.27 a year ago.