Profit growth fails to lift Neptune

Shares in Macau VIP junket operator Neptune fell 6.4 per cent to 18.9 Hong Kong cents yesterday after losing as much as 10.9 per cent following the release of its annual report showing net profit for the year to June grew 40.7 per cent to HK$282.9 million.

The benchmark Hang Seng Index edged up 1.16 per cent.

The correction followed a 20 per cent gain in Neptune's share price to 20.2 Hong Kong cents, its highest since April 2009, after the company issued a positive profit alert to the stock exchange on September 12.

via Business feed http://www.scmp.com/business/china-business/article/1041052/profit-growth-fails-lift-neptune