South East Asia Properties & Finance has reported a 68.3 per cent drop in net profit to $5.3 million for the financial year to March. It suffered an exceptional loss of $2.3 million as opposed to a gain of more than $5 million the previous year. The final dividend of 2.3 cents per share compares with 3.8 cents last year. Earnings per share were 4.5 cents, down from 14.2 cents last year, directors said.