trending Market Intelligence /marketintelligence/en/news-insights/trending/cSHxR-HJrY0Sf17lY-m3bQ2 content esgSubNav
In This List

Amax International fiscal H1 loss narrows YOY

Case Study

A Green Lender Adopts a Robust Approach for Assessing Project Finance Credit Risks

Podcast

MediaTalk | Season 2
Ep.1: Broadcast's Big Year

Blog

Global M&A by the Numbers Q4 2023

Blog

Banking Essentials Newsletter 21st February Edition


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.