Earnings at financial services firm Sun Hung Kai & Co's rose 76.2 per cent last year as it diversified from securities broking into higher-margin business. Profit attributable to shareholders was HK$220.2 million for the year to December 31 on turnover of HK$624.14 million, up 0.7 per cent on the previous year. Earnings per share was 14.6 HK cents and the firm will pay a dividend of one HK cent. Sun Hung Kai & Co is one of Hong Kong's largest retail brokerages but securities broking forms only 20 per cent of the firm's turnover. Term loans account for 28 per cent of revenue as the firm looks for higher margin business. 'A sizeable loan book provides you with a very steady and healthy profit margin,' said SHK Online chief executive Douglas Chen Wai-huen. SHK Online is the Internet broking arm of Sun Hung Kai. Earnings were also helped by lower provision of HK$40 million, according to Sun Hung Kai & Co chief operating officer David Parker.