Pico Far East Holdings Limited announced audited consolidated earnings results for the year ended October 31, 2016. For the period, the company reported turnover was HKD 4,142,724,000 compared to HKD 4,216,164,000 a year ago. Profit from operations was HKD 372,710,000 compared to HKD 339,244,000 a year ago. Profit before tax was HKD 386,534,000 compared to HKD 358,428,000 a year ago. Profit for the year attributable to owners of the company was HKD 300,501,000 compared to HKD 274,695,000 a year ago. Basic and diluted earnings per share were 24.54 cents compared to 22.50 cents a year ago. Capital expenditures in respect of property, plant and equipment was HKD 33,630,000 compared to HKD 113,965,000 a year ago.