Notes:

1. Core earnings after taxation (“core earnings”), which is a non-HKFRS Accounting Standards financial measure, is calculated based on the loss for the year attributable to shareholders after adjusting for the decrease in fair value of investment properties and the loss on disposal of property, plant and equipment.

2. The dividend payout ratio is calculated based on the total dividend distribution including the interim dividend paid and final dividend and special dividend (if any) proposed for the year and the loss for the year attributable to shareholders after adjusting the effect on decrease in fair value of investment properties.

3. Gearing ratio is calculated at the ratio of total interest-bearing loans to total assets of the Group as at 31 March. As there were no borrowings during the past 5 years, the gearing ratios for the 5 years were therefore equal to zero.

4. Based on closing price as at 31 March for each year.

updated as per Annual Report 2025/2026