Wing Hung Kee surges

PUBLISHED : Friday, 08 January, 1993, 12:00am
UPDATED : Friday, 08 January, 1993, 12:00am

WING Hung Kee Holdings has reported an 812 per cent surge in interim net profits to $7.31 million in the six months to September 30, against $841,000 previously.

But turnover was down 30 per cent to $9.04 million, compared with $13.09 million of the same period in 1991.

The directors attributed the dramatic profit leap to exceptional gains totalling $6.8 million on disposal of investment properties.