Sime dividend falls

Vehicle distributor Sime Darby Hong Kong says net profit for the year to June fell 47.3 per cent to $266 million. Turnover grew 2.5 per cent to $7.33 billion. Earnings per share dropped to 57.1 cents from $1.083.

It will pay a final dividend of 25 cents a share on top of the 12 cent interim, compared with 20 cents and 86 cents the previous year.