120
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
3
SEGMENT INFORMATION (Continued)
(b) Segment result
Reportable segment
profit
2018
2017
(restated)
HK$'000
HK$'000
Property development
238,059
86,785
Property investment (note 3(d))
109,933
124,989
Ferry, shipyard and related operations
8,407
30,279
Securities investment
Others (note 3(e))
16,766
88,802
23,718
11,847
396,883
342,702
(c)
Reconciliation of reportable segment profit
2018
2017
(restated)
HK$'000
HK$'000
Reportable segment profit derived from external customers Share of profits less iosses of associates and a joint venture
Profit before taxation in the consolidated statement of profit or loss
396,883
874
342,702
825
397,757
343,527
(d)
The segment result of the "Property investment" included valuation gains on investment properties of HK$43,885,000 (2017: HK$56,954,000).
(e)
"Others" mainly comprises interest income, corporate expenses and exchange gains/losses.
Hong Kong Ferry (Holdings) Company Limited Annual Report 2018