China Vanguard You Champion Holdings Ltd. said its normalized net income for the fiscal second quarter ended Dec. 31, 2014, came to HK$5.1 million, a rise from HK$526,000 in the year-earlier period.
Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.
The normalized profit margin climbed to 10.7% from 2.6% in the year-earlier period.
Total revenue grew year over year to HK$47.3 million from HK$20.2 million, and total operating expenses climbed 32.0% from the prior-year period to HK$22.3 million from HK$16.9 million.
Reported net income grew year over year to HK$11.7 million, or 0 cents per share, from HK$604,760, or 0 cents per share.
