trending Market Intelligence /marketintelligence/en/news-insights/trending/-NuBRfZ0-4gCYR4rniu6iA2 content esgSubNav
In This List

Capital Estate fiscal H1 loss narrows YOY

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix


Capital Estate fiscal H1 loss narrows YOY

Capital Estate Ltd. said its normalized net income for the fiscal first half ended Jan. 31 amounted to a loss of HK$5.4 million, compared with a loss of HK$42.8 million in the prior-year period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

Total revenue fell 10.5% year over year to HK$64.2 million from HK$71.8 million, and total operating expenses declined 44.9% on an annual basis to HK$81.4 million from HK$147.8 million.

Reported net income totaled a loss of HK$775,000, or a loss of 0 cents per share, compared to a loss of HK$68.2 million, or a loss of 3 cents per share, in the year-earlier period.