MAJOR changes in the operating business at Continental Mariner Investment Co have seen the group report significant rises in turnover and profit for the year ended March 31. Profit attributable rose 300 per cent to $38.68 million and earnings per share rose 150 per cent to 10.5 cents. The dividend declared was eight cents, payable to those whose names appear on the shareholders' register on September 28, with actual payment on November 17. Turnover leapt to $562.6 million from $59.4 million in the previous year. In the previous fiscal year the turnover represented income from charter-hire and interest income only. Last year the turnover also included gross income from letting properties, building management fees, gross commission, brokerage income, interest income, dividend income from investments, net sale proceeds from the sale of investments and net invoiced value of goods sold to third parties. Operating profit rose 107 per cent to $28.03 million. An exceptional item boosted profit from the sale of investment properties. The exceptional was a sale of property which realised $45.6 million and a provision of $2.34 million for the loss on investment in an unconsolidated subsidiary, providing a net total of $43.22 million.