HKR International Limited Announces Annual Results 2015/2016

HKR International Limited (“HKRI”) announced today the annual results of the Company and its subsidiaries (“the Group”) for the financial year ended 31 March 2016 (“the year”). 
 
Turnover of the continuing operations for the year was HK$2,647.9 million, as compared with HK$3,408.2 million (restated) for the previous year. Consolidated profit attributable to shareholders for the year was HK$783.9 million, compared with last year’s HK$910.0 million. Earnings per share were HK58.1 cents, compared with HK67.4 cents for the previous year. As of 31 March 2016, the net asset value of the Group stood at HK$16,056.3 million (HK$11.9 per share), as compared with HK$16,727.7 million (HK$12.4 per share) for the previous year.
 
The Directors do not recommend a final dividend for the year. On 13 October 2015, the Board declared an interim dividend by distribution in specie of all the shares in Hanison Construction Holdings Limited (“Hanison”) held by the Company to its shareholders, whose names appeared on the Company’s register of members on 29 October 2015, on a pro-rata basis of 1.21639 Hanison shares for every five shares held.  In 2014/2015, a total dividend of HK13 cents per share was paid to shareholders.
 
The full annual results announcement has been uploaded on the Group’s corporate website (www.hkri.com), under the section of “Investor Relations”, and on the “HKExnews” website (www.hkexnews.hk) of the Hong Kong Exchanges and Clearing Limited. 
 

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About HKR International Limited
HKR International Limited has been listed on The Stock Exchange of Hong Kong since 1989, under the Stock Code of 00480. The Group has diversified interests in property development and investment, property management, luxury hotels and serviced apartments, healthcare services and other investments in Hong Kong, Mainland China and across Asia.