Munsun Capital Group Limited announced audited consolidated earnings results for the year ended December 31, 2016. For the year, the company reported revenue of HKD 766,654,000 against HKD 746,605,000 a year ago. Loss from operations was HKD 8,903,000 against profit from operations of HKD 212,077,000 a year ago. Loss before tax was HKD 407,139,000 against HKD 117,589,000 a year ago. Loss for the year attributable to owners of the company was HKD 419,151,000 or 3.81 cents per basic and diluted share against HKD 137,660,000 or 2.89 cents per basic and diluted share a year ago. The increase in loss after tax is mainly attributable to: the one-off transaction relating to a loss on the Convertible Bonds Restructure of HKD 63 million, the effect of which is reduced by a decrease in the Group's convertible bonds interest expense from HKD 84 million last year to HKD 51 million during the year as a result of the convertible bonds restructure (details are set out in notes 6(a) and 13 in this results announcement); the decrease in the non-cash fair value gain on derivative financial instrument of the convertible bonds to HKD 6 million during the year as compared to HKD 44 million last year (details are set out in notes 6(a) and 13 in this results announcement); the non-cash equity-settled share-based payment expenses of HKD 145 million relating to the share options granted during the year (details are set out in note 30 in the financial statements); and the decrease in gain on disposal of fixed assets of approximately HKD 0.3 million during the year as compared to HKD 51 million last year.