Fortune Real Estate Investment Trust reported audited group and company earnings results for the year ended December 31, 2016. For the year, on group basis, the company reported revenue of HKD 1,975.376 million against HKD 1,882.148 million a year ago. Net property income was HKD 1,409.781 million against HKD 1,324.027 million a year ago. Profit before taxation and transactions with unitholders were HKD 1,469.564 million against HKD 2,682.646 million a year ago. Profit for the year, before transactions with unitholders was HKD 1,257.913 million against HKD 2,486.186 million a year ago. Profit for the year, after transactions with unitholders was HKD 322.722 million against HKD 1,601.616 million a year ago. Income available for distribution to unitholders was HKD 935.191 million or 66.33 cents per basic share against HKD 884.570 million or 132.00 cents per basic share a year ago. Net cash from operating activities was HKD 1,292.449 million against HKD 1,175.715 million a year ago. Upgrading of investment properties was HKD 72.961 million against HKD 97.765 million a year ago. For the year, on company basic, the company reported revenue of HKD 939.626 million against HKD 891.231 million a year ago. Profit before taxation and transactions with unitholders were HKD 789.123 million against HKD 1,129.275 million a year ago. Profit for the year, before transactions with unitholders was HKD 789.123 million against HKD 1,129.211 million a year ago. Profit for the year, after transactions with unitholders was HKD 789.123 million against HKD 1,129.211 million a year ago. Net cash from operating activities was HKD 926.788 million against HKD 893.030 million a year ago.