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Sunfonda Group H1 profit falls YOY

4915941 said its normalized net income for the first half amounted to 4 fen per share, a decrease of 10.5% from 5 fen per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 25.7 million yuan, a decrease of 10.5% from 28.8 million yuan in the prior-year period.

Total revenue decreased on an annual basis to 3.57 billion yuan from 3.70 billion yuan, and total operating expenses fell on an annual basis to 3.49 billion yuan from 3.59 billion yuan.

Reported net income declined 48.4% year over year to 17.1 million yuan, or 3 fen per share, from 33.2 million yuan, or 6 fen per share.

s of Aug. 26, US$1 was equivalent to 6.67 yuan.Sunfonda Group Holdings Ltd.

4915941 said its normalized net income for the first half amounted to 4 fen per share, a decrease of 10.5% from 5 fen per share in the prior-year period.