trending Market Intelligence /marketintelligence/en/news-insights/trending/_dcGGmOp5WWVEToNTy02dw2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Pou Sheng International Q4 profit falls YOY

Amazon e-commerce sales soar amid COVID-19

Gauging Supply Chain Risk In Volatile Times

S&P Global Market Intelligence

Cannabis: Hashing Out a Budding Industry


IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

Pou Sheng International Q4 profit falls YOY

Pou Sheng International (Holdings) Ltd said its normalized net income for the fourth quarter came to 38.9 million yuan, a decline of 46.5% from 72.7 million yuan in the prior-year period.

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

The normalized profit margin dropped to 1.0% from 2.3% in the year-earlier period.

Total revenue increased 29.3% year over year to 4.07 billion yuan from 3.15 billion yuan, and total operating expenses grew 28.8% year over year to 3.94 billion yuan from 3.06 billion yuan.

Reported net income decreased 85.5% on an annual basis to 14.6 million yuan, or 0 fen per share, from 101.2 million yuan, or 2 fen per share.

For the year, the company's normalized net income totaled 10 fen per share, compared with the S&P Capital IQ consensus normalized EPS estimate of 14 fen.

EPS rose 57.4% from 6 fen in the prior year.

Normalized net income was 516.0 million yuan, a rise of 55.5% from 331.9 million yuan in the prior year.

Full-year total revenue increased 12.2% on an annual basis to 16.24 billion yuan from 14.47 billion yuan, and total operating expenses rose 10.4% on an annual basis to 15.30 billion yuan from 13.86 billion yuan.

The company said reported net income rose 41.2% on an annual basis to 560.4 million yuan, or 11 fen per share, in the full year, from 396.8 million yuan, or 7 fen per share.

As of April 21, US$1 was equivalent to 6.88 yuan.