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Jinzi Ham Q3 profit climbs YOY

4914626 said its third-quarter normalized net income was 3.2 million yuan, a rise from 1.2 million yuan in the prior-year period.

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

The normalized profit margin climbed to 11.7% from 3.3% in the year-earlier period.

Total revenue decreased 24.4% year over year to 27.4 million yuan from 36.2 million yuan, and total operating expenses fell 25.1% on an annual basis to 28.0 million yuan from 37.4 million yuan.

Reported net income increased from the prior-year period to 3.5 million yuan, or 0 fen per share, from 1.1 million yuan, or 0 fen per share.

s of Oct. 18, US$1 was equivalent to 6.74 yuan.Jinzi Ham Co.Ltd.

4914626 said its third-quarter normalized net income was 3.2 million yuan, a rise from 1.2 million yuan in the prior-year period.