Sa Sa International Holdings Ltd. said its normalized net income for the fiscal first half ended Sept. 30 amounted to 9 Hong Kong cents per share, compared with the S&P Capital IQ consensus estimate of 11 cents per share.
EPS decreased year over year from 9 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was HK$261.6 million, a decrease from HK$268.6 million in the prior-year period.
Total revenue climbed 8.4% on an annual basis to HK$4.23 billion from HK$3.90 billion, and total operating expenses rose 9.9% from the prior-year period to HK$3.82 billion from HK$3.47 billion.
Reported net income declined 5.4% year over year to HK$339.1 million, or 12 cents per share, from HK$358.6 million, or 13 cents per share.
