trending Market Intelligence /marketintelligence/en/news-insights/trending/cSHxR-HJrY0Sf17lY-m3bQ2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Amax International fiscal H1 loss narrows YOY

Blog

ESG hits the mainstream for European private equity sponsors

Blog

What’s the Bottom Line: Credit Impact of COVID-19 on US Municipals

Blog

Banking Essentials Newsletter - February Edition, Part 2

Podcast

Episode 1: Origins of 451 Research - Part 1


Amax International fiscal H1 loss narrows YOY

Amax International Holdings Ltd. said its normalized net income for the fiscal first half ended Sept. 30 came to a loss of 3 Hong Kong cents per share, compared with a loss of 5 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 a loss of HK$10.1 million, compared with a loss of HK$10.9 million in the prior-year period.

Total revenue rose 63.2% year over year to HK$4.0 million from HK$2.4 million, and total operating expenses climbed 8.0% from the prior-year period to HK$15.5 million from HK$14.4 million.

Reported net income came to a loss of HK$16.7 million, or a loss of 6 cents per share, compared to a loss of HK$17.8 million, or a loss of 8 cents per share, in the prior-year period.