Question Two (50 Marks): Petro Link Limited is a business established in Hong Kong for about 30 years. It was listed in the Hong Kong Stock Exchange about 15 years ago. Petro Link previously engaged primarily in the transportation services for oil and other goods. In 2008, the company diverted its business line to logistics business for other organizations, and expanded its transportation business from a regional to a global basis. Extracts from the final accounts of Petro Link for the year ended 30 June 2016 and selected financial ratios there from are presented below Consolidated Statement of Comprehensive Income (extracted) Year ended June 2016 June 2015 HKSM HKSM Tumover 518 353 $12,865 Other operating income 138 125 Gross profits 2,940 1,505 Sales and marketing costs 268 108 Administration coate 322 128 Other operating expenses 96 Finance cost 642 114 Profits before taxation 1,612 1,097 Taxation 108 74 Profits for the period 1,504 1,023 Earnings per share - Basic 18.2 cents 16.4 cents