Win Hanverky Holdings Limited announced audited consolidated earnings results for the year ended December 31, 2016. For the period, the company reported revenue of HKD 4,033,381,000 compared to HKD 3,841,702,000 for the same period a year ago. Operating profit was HKD 194,607,000 compared to HKD 292,771,000 for the same period a year ago. Profit before income tax was HKD 195,526,000 compared to HKD 284,438,000 for the same period a year ago. Profit attributable to equity holders was HKD 143,494,000 or 11.1 cents per diluted share against HKD 243,419,000 or 19.1 cents per diluted share for the same period a year ago. Profit attributable to equity holders (excluding impact of share of associates' losses and land disposal) decreased from HKD 235.8 million to HKD 146.3 million, mainly due to decreased store contributions, impairment of fixed assets for potential loss-making stores and provision for onerous leases for the Distribution and Retail Business and rising operating costs from the manufacturing business.