Tsim Sha Tsui Properties Limited reported audited consolidated earnings results for the year ended June 30, 2016. For the period, the company reported the group’s underlying net profit attributable to shareholders, excluding the effect of fair value changes on investment properties, was HKD 2,732.9 million against HKD 2,678.5 million a year ago. Underlying earnings per share was HKD 1.62 against HKD 1.63 a year ago. The group’s net profit attributable to shareholders was HKD 3,622.1 million against HKD 4,747.1 million a year ago. EPS was HKD 2.15 against HKD 2.89 a year ago. The reported profit for the year included a revaluation surplus (net of deferred taxation) on investment properties of HKD 889.2 million against HKD 2,068.6 million a year ago. Turnover was HKD 10,857,439,489 against HKD 21,896,326,522 a year ago. Profit before taxation was HKD 7,755,938,634 against HKD 10,613,497,712 a year ago. Profit for the year was HKD 7,158,247,304 against HKD 9,460,939,488 a year ago.