Brokerage SW Kingsway Capital posted a 61.81 per cent drop in net profit for the 12 months to June 30 as tough market conditions affected its operations across the board. Chief executive William Lam Ka-chung yesterday said the firm's net profit plunged to HK$76.78 million. Turnover dropped 42.75 per cent to HK$192.22 million. Despite the poor results, the company declared a final dividend of two HK cents per share. This followed a 1.1 cent interim dividend.