Tsim Sha Tsui Properties Limited Recommends Final Dividend for the Year Ended June 30, 2017, Payable on December 6, 2017; Reports Audited Consolidated Earnings Results for the Year Ended June 30, 2017
The company reported audited consolidated earnings results for the year ended June 30, 2017. For the year, the company reported turnover of HKD 18,386,482,899 against HKD 10,857,439,489 a year ago. Profit before taxation was HKD 10,626,742,373 against HKD 7,755,938,634 a year ago. Profit attributable to the company's shareholders was HKD 3,848,282,418 or 223.5 cents per basic share against HKD 3,622,174,285 or 214.91 cents per basic share a year ago. Net cash from operating activities was HKD 4,874,728,753 against HKD 8,712,018,386 a year ago. Additions to property, plant and equipment was HKD 119,585,644 against HKD 73,082,987 a year ago. Underlying net profit from operations was HKD 2,869,275,929 against HKD 2,732,913,420 a year ago. Underlying profit attributable to the company's shareholders was HKD 2,869,275,929 against HKD 2,732,913,420 a year ago. Underlying earnings per basic share were 166.38 cents against 162.15 cents a year ago.