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LVGEM China (0095) year net up 29% to Rmb1.04bn; div HK5 cts
LVGEM (China) Real Estate Investment (00095) said 
its profit attributable to owners for the year ended 31 December 2017 rose 29.1% 
year-on-year to Rmb1,035 million.
  Basic and diluted earnings per share were Rmb22.06 cents and Rmb12.89 cents.
  Revenue amounted to Rmb2,968 million, a decrease of 35.3% from a year earlier.
  Gross profit fell 15.6% year-on-year to Rmb1,938 million. Gross profit margin increased
to 65.3% from 50% in 2016, which was mainly attributable to the revenue from property
development and sales having a higher margin during the year.
  The proposed final dividend is HK5 cents (2016: HK5 cents) per share, payable on or
around 20 July.

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