trending Market Intelligence /marketintelligence/en/news-insights/trending/Fb3xc8wbjlzMcu2g3emKKA2 content esgSubNav
In This List

Hin Sang Group fiscal H1 profit falls YOY

Blog

The Marriage of Two Best-in-Class Solutions Delivers a Significant Advancement in Data Visualization and Technical Analysis

Case Study

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

Case Study

An Asset Manager Meets Client Redistribution Demands for Excel-based Statements

Podcast

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


Hin Sang Group fiscal H1 profit falls YOY

Hin Sang Group (International) Holding Co. Ltd. said its normalized net income for the fiscal first half ended Sept. 30 was 1 Hong Kong cents per share, a decline of 58.1% 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$8.5 million, a decline of 44.0% from HK$15.1 million in the year-earlier period.

Total revenue grew year over year to HK$116.8 million from HK$114.7 million, and total operating expenses increased 10.6% on an annual basis to HK$100.1 million from HK$90.5 million.

Reported net income declined 31.0% from the prior-year period to HK$13.9 million, or 2 cents per share, from HK$20.2 million, or 3 cents per share.