Firm sees lower profit

SOUTHEAST Asia Properties & Finance has reported a 17.7 per cent fall in profit attributable to shareholders to $8.56 million for the year ended March 31, compared with $10.4 million in the previous year.

Turnover fell 3.3 per cent to $127.21 million from $131.55 million.

Earnings per share fell to 9.6 cents from 9.8 cents, while a final dividend of four cents a share was declared, making a total dividend of 9.6 cents a share for the year.