Vongroup Limited announced audited consolidated earnings results for the year ended April 30, 2018. For the year, the company reported profit for the period was HKD 38,776,000 or HKD 0.2018 per basic and diluted share against loss of HKD 4,807,000 or HKD 0.0264 per diluted share reported in the same period last year. Revenue was HKD 23,541,000 against HKD 12,767,000 reported last year. Profit from operations was HKD 39,502,000 against loss of HKD 4,241,000 reported last year. Profit before taxation was HKD 38,967,000 against loss of HKD 4,727,000 reported last year. The profit for the year under review as compared with the loss during the previous year was mainly due to the successful improvement in performance, resulting in increase in revenue to approximately HKD 23.5 million (2017: approximately HKD 12.8 million & media businesses, as well as increase in fair value of the investment), for example, in the food & beverage and technology properties of approximately HKD 35.8 million (2017: approximately HKD 6.6 million).