Vongroup Ltd. announced audited consolidated earnings results for the year ended April 30, 2014. For the year, the company reported turnover of HKD 25,939,000 against HKD 34,216,000 a year ago. Loss from operations was HKD 32,384,000 against HKD 8,527,000 a year ago.

Loss before taxation was HKD 32,891,000 against HKD 9,076,000 a year ago. Loss for the year attributable to owners of the company was HKD 34,582,000 against HKD 8,601,000 a year ago. The reduction in loss for the year was mainly because of the recognition of the impairment losses on goodwill, available-for-sale investments and certain tax provision.

Basic and diluted loss per share was HKD 0.0059 against HKD 0.0015 a year ago.