trending Market Intelligence /marketintelligence/en/news-insights/trending/4rvu9y2K1xs2mSE9gVDDtQ2 content esgSubNav
In This List

UKF Holdings fiscal Q1 profit climbs 46.7% YOY

Case Study

A Sports League Maximizes Revenue from Media Rights

Blog

Japan M&A By the Numbers: Q4 2023

Blog

Essential IR Insights Newsletter Fall - 2023

Case Study

A Corporation Clearly Pinpoints Activist Investor Activity


UKF Holdings fiscal Q1 profit climbs 46.7% YOY

UKF (Holdings) Ltd. said its normalized net income for the fiscal first quarter ended June 30 came to HK$8.6 million, a rise of 46.7% from HK$5.9 million in the year-earlier period.

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

The normalized profit margin increased to 9.3% from 7.6% in the year-earlier period.

Total revenue rose 18.8% year over year to HK$92.5 million from HK$77.8 million, and total operating expenses grew 14.0% from the prior-year period to HK$77.4 million from HK$67.9 million.

Reported net income grew 41.3% year over year to HK$12.7 million, or 1 cents per share, from HK$9.0 million, or 0 cents per share.