I.T Limited announced audited consolidated earnings results for the year ended February 28, 2013. For the year, the company reported turnover of HKD 6,543.1 million against HKD 5,741.6 million a year ago. Operating profit was HKD 476.0 million against HKD 575.3 million a year ago. Profit before income tax was HKD 447.7 million against HKD 573.7 million a year ago. Profit for the year was HKD 385.0 million against HKD 473.1 million a year ago. Profit attributable to equity holders of the company was HKD 383.6 million or HKD 0.30 per diluted share against HKD 471.3 million or HKD 0.37 per diluted share a year ago. Cash inflow from operating activities amounted to HKD 525.4 million against HKD 361.7 million a year ago. Net debt balance was HKD 73.0 million.

The board of directors of I.T Limited proposed a final dividend of 3.0 HK cents per ordinary share for the year ended February 28, 2013 on May 3, 2013. Dividend was 12.9 HK cents per ordinary share for the year 2012. This proposed final dividend is not reflected as a dividend payable as of February 28, 2013, but will be recorded as a distribution of retained earnings for the year ending February 28, 2014. The expected dispatch date of the dividend warrant is on or around July 11, 2013 and the expected payment date of the final dividend is on or around July 12, 2013.

The board of directors of I.T Limited announced that Mr. Mak Wing Sum, Alvin replaced Dr. Wong Tin Yau, Kelvin as a member and Chairman of the Nomination Committee of the Board with effect from May 3, 2013. Both Mr. Mak and Dr. Wong are currently Independent Non-executive Director of the company. After the re-designation of role, Dr. Wong would continue serving as a member and the Chairman of the Audit Committee while Mr. Mak would continue to be a member of the Audit and Remuneration Committee.