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Kanpai Co. H1 profit falls YOY

4914932 said its first-half normalized net income was NT$1.56 per share, a decline of 16.0% from NT$1.86 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was NT$27.2 million, a decline from NT$27.7 million in the prior-year period.

Total revenue rose 24.9% on an annual basis to NT$893.5 million from NT$715.5 million, and total operating expenses grew 26.6% on an annual basis to NT$850.4 million from NT$671.8 million.

eported net income declined 5.9% year over y Kanpai Co. Ltd..