Regal Real Estate Investment Trust reported consolidated earnings results for the year ended December 31, 2016. For the year, the company's revenue was HKD 973,479,000 compared with HKD 1,001,720,000 a year ago. Profit before tax and distributions to Unit holders were HKD 684,694,000 compared with loss of HKD 1,406,775,000 a year ago. The profit for the year, before distributions to unit holders, of HKD 563,980,000 compared with loss of HKD 1,527,821,000 a year ago. Profit for the year, after distributions to unit holders was HKD 62,336,000 compared with loss of HKD 2,055,525,000 a year ago. Basic and diluted earnings per share was HKD 0.173 compared with loss per Basic and diluted share of HKD 0.469 a year ago. The company incurred capital expenditures of HKD 40.1 million on major capital additions and completed renovation work for approximately 280 hotel rooms and other facilities.