Emperor sees earnings loss

Emperor International Holdings plunged into the red for the year to March 31 with a loss of HK$255.15 million, compared with a HK$86.75 million profit a year earlier. The loss was mainly due to revaluation deficits on investment properties and impairment losses on properties and other assets. The loss per share was 29.6 HK cents, against earnings of 12.1 HK cents a share previously.