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Henan Rebecca Hair Products Q1 profit climbs 10.8% YOY

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Henan Rebecca Hair Products Q1 profit climbs 10.8% YOY

4914415 said its first-quarter normalized net income amounted to 2 fen per share, a gain of 10.2% from 2 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 27.7 million yuan, an increase of 10.8% from 25.0 million yuan in the prior-year period.

The normalized profit margin declined to 5.6% from 5.6% in the year-earlier period.

Total revenue increased 12.3% on an annual basis to 498.0 million yuan from 443.6 million yuan, and total operating expenses grew from the prior-year period to 438.0 million yuan from 428.0 million yuan.

eported net income increased 11.2% year over Henan Rebecca Hair Products Co. Ltd..