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Mexan fiscal H1 profit falls YOY

4980509 said its normalized net income for the fiscal first half ended Sept. 30 was 2 Hong Kong cents per share, a decrease of 43.8% from 3 cents per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was HK$20.1 million, a decrease of 43.8% from HK$35.9 million in the year-earlier period.

otal revenue declined 26.9% year over year to HK$66.2 million from HK$90.5 million, and total operating expenses grew on an annual b Mexan Ltd..