BBMG Corporation (02009) said its net profit attributable to the shareholders of the parent company for the year ended 31 December 2015 dropped 16.7% year-on-year to Rmb2,017 million.
Basic and diluted earnings per share were Rmb0.42.
Operating revenue was Rmb40,925 million, a decrease of 0.8% from a year earlier. Gross profit margin from principal business of 25.3%, increased by 1.5 percentage points from 2014.
Core net profit attributable to the shareholders of the parent company (excluding the after tax net fair value gains on investment property) was Rmb1,565.8 million, down 19.8% year-on-year.
The proposed final dividend is Rmb3 cents (2014: Rmb5 cents) per share, payable on or around 18 July 2016.
The Board also proposed to issue a total of 5,339 million bonus shares of BBMG in the total amount of Rmb5,339 million by way of conversion of capital reserve on the basis of 10 bonus shares for every 10 existing shares. The bonus shares are expected to commence listing and dealing on the Hong Kong Stock Exchange on 20 June 2016.
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