Tingyi (Cayman Islands) Holding Corp. said that its profit attributable to owners of the company for the year ended 31 December 2013 dropped 10.92% to $409 million from $459 million in the previous year. Earnings per share declined to 7.30 cents from 8.20 cents last year.
But, Profit attributable to owners - after excluding gain on bargain purchase, was $409 million, up from $364 million in the prior year.
Annual turnover rose 18.77% to $10.94 billion from $9.21 billion in the prior year.
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