Hong Kong-listed Landing International Development Limited (LIDL) has become profitable again in 2017, no thanks to its gambling segment.

In a disclosure to the Hong Kong Stock Exchange, LIDL reported that the company jumped to a HK$505.1 million ($64.55 million) profit in 2017 from a loss of HK$1.1 billion ($140.58 million) in the previous year.

The company attributed its profit swing to the stellar performance of its property development segment—including the sale of condominium units at Jeju Shinhwa—and the disposal of Les Ambassadeurs Club and Casino, an upmarket gaming venue in London.

LIDL’s gaming business, however, remained a drag to the company as its revenue dropped 35.1 percent to HK$235.80 million ($30.13 million) in 2017 compared to HK$363.45 million ($46.47 million) revenue in 2016.