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Anhui Jiuhuashan Tourism Development Q2 profit falls YOY

4980529 said its second-quarter normalized net income came to 17 fen per share, a decrease of 10.1% from 19 fen per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 19.0 million yuan, a decline of 10.1% from 21.2 million yuan in the year-earlier period.

The normalized profit margin increased to 18.3% from 17.9% in the year-earlier period.

Total revenue decreased 9.1% on an annual basis to 107.5 million yuan from 118.2 million yuan, and total operating expenses fell 8.7% on an annual basis to 77.7 million yuan from 85.2 million yuan.

eported net income decreased 7.9% year over Anhui Jiuhuashan Tourism Development Co. Ltd..