NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
3
SEGMENT INFORMATION (Continued)
(a)
Segment revenue (Continued
The principal activities of the Group are property development, property investment, ferry, shipyard and related businesses and securities investment after the Group's travel operation had been disposed of during the year ended 31 December 2016 as set out in note 5.
Revenue represents gross income from the sale of properties, sales value of goods delivered to customers, income from services rendered, rental income, interest income and dividend income.
(b)
Segment result
(c)
Reportable segment profit
2017
HK$'000
2016
HK$'000
Continuing operations:
Property development
129,211
150,613
Property investment (note 3(d))
124,989
124,459
Ferry, shipyard and related operations
30,279
13,767
Securities investment
88,802
(6,806)
Others (note 3(e))
11,847
8,994
385,128
291,027
Discontinued operation:
Travel operation
Reconciliation of reportable segment profit - Continuing operations
(7,780)
385,128
283,247
2017
HK$'000
2016
HK$'000
Continuing operations:
Reportable segment profit derived from external customers of
continuing operations
385,128
Share of profits less losses of associates and a joint venture
825
291,027
915
Gain on disposal of subsidiaries
4,561
Profit before taxation from continuing operations in the consolidated
statement of profit or loss
385,953
296,503
106
Hong Kong Ferry (Holdings) Company Limited
Annual Report 2017