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Melbourne Enterprises Turns to Half-Year Profit; Dividend Declared

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Melbourne Enterprises (HKG:0158) recorded an attributable profit of HK$20.1 million in the six months ended March 31, compared with an attributable loss of HK$141.5 million a year prior, according to a Thursday Hong Kong bourse filing.

Earnings per share were HK$0.80, compared with a loss per share of HK$5.66 in the corresponding period of the previous fiscal year.

The property investor's revenue slipped slightly to HK$81.5 million from HK$81.9 million in the year-ago period.

The firm declared an interim dividend of HK$1.6 per share for the period.

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