Hang Lung Group Limited announced audited consolidated earnings results for the year ended December 31, 2016. For the year, the company reported revenue of HKD 13,648 million against HKD 9,528 million a year ago. Operating profit before changes in fair value of properties was HKD 8,895 million against HKD 6,280 million a year ago. Operating profit after changes in fair value of properties was HKD 8,641 million against HKD 6,956 million a year ago. Profit before taxation was HKD 8,377 million against HKD 7,207 million a year ago. Profit for the year attributable to shareholders was HKD 3,713 million or HKD 2.73 basic and diluted per share against HKD 3,211 million or HKD 2.37 basic and diluted per share a year ago. Underlying net profit attributable to shareholders was HKD 3,772 million or HKD 2.78 basic and diluted per share against HKD 2,700 million or HKD 1.99 basic and diluted per share a year ago. Net debt as on December 31, 2016 was HKD 6,595 million against HKD 5,848 million as at December 31, 2015. Total revenue increased by 43%, driven by higher contribution from property sales.