Gayety Holdings (HKG:8179) says that its unaudited consolidated net profit for the year ended 31 December 2011 is expected to record a significant increase as compared to that for 2010. Such increase is mainly attributable to increase in revenue contribution from restaurants opened in 2010 and improved performance of the business operations of the group, the company says.

The audited final results of the group for the year of 2011 is expected to be published in late March.