OREANDA-NEWS. August 28, 2013. Maintained Sustainable Growth Amidst Challenging Environment

Unaudited consolidated turnover increased by 12.3% to HKD71,857 million and profit attributable to the Company’s shareholders decreased by 54.5% to HKD 1,018 million.

The attributable profit reduction was mainly due to asset revaluation in the previous year, a non-
recurring item this year.

Excluding the after-tax effect of asset revaluation and major disposals, the Group’s unaudited underlying consolidated profit attributable to the Company’s shareholders would have decreased
by 11.1%.

Turnover and attributable profit of the retail division amounted to HKD 47,907 million and  USD637 million, representing an increase of 13.7% and a decrease of 63.7%, respectively. Excluding the after-tax revaluation surplus and the disposal of the non-core assets, the division’s attributable profit decreased by 4.0% year-on-year.

Beer division recorded turnover and attributable profit of HKD 16,078 million and USD358 million respectively, representing an increase of 9.9% and a decrease of 4.5%.

The beverage division recorded robust growth. Turnover and attributable profit were HKD 3,375 million and HKD 39 million, representing increases of 47.4 % and 30.0% respectively. The overall performance of the food division was mainly affected by macro-economic environment and restructuring.

The Board recommended an interim dividend of HK\\$0.13 per share.