HKR International Limited (“the Company”) announced today the annual results of the Company and its subsidiaries (“the Group”) for the financial year ended 31 March 2018 (“the year”).
Turnover for the year was HK$2,222.3 million, as compared with HK$2,234.1 million in 2016/2017. Profit attributable to shareholders for the year was HK$2,305.1 million, compared with HK$823.9 million in 2016/2017. The basic earnings per share was HK170.7 cents, compared with HK61.0 cents in the previous year. As at 31 March 2018, the net asset value attributable to shareholders of the Company stood at HK$19,717.8 million (HK$14.6 per share), as compared with HK$16,385.8 million (HK$12.1 per share) in 2016/2017.
The Board of Directors has recommended a final dividend of HK7 cents per share for the year. Together with the interim dividend of HK3 cents per share, the total dividend amounts to HK10 cents per share for the year. In 2016/2017, a total dividend of HK7 cents per share was paid to shareholders. The Board has also resolved to recommend a bonus issue of shares of HK$0.25 each in the capital of the Company on the basis of one (1) bonus share for every ten (10) existing shares held by the shareholders.
The full results announcement is available 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.
About HKR International Limited
HKR International Limited has diversified interests in real estate development and investment, property management, luxury hotels and serviced apartments, healthcare services and other investments in Hong Kong, mainland China and across Asia.
The Company has been listed on The Stock Exchange of Hong Kong since 1989, under the Stock Code of 00480, and it is also a constituent of the Hang Seng Global Composite Index, Hang Seng Composite Index and Hang Seng Corporate Sustainability Benchmark Index.