HKC International Holdings Ltd. said its normalized net income for the fiscal first half ended Sept. 30 amounted to a loss of HK$2.7 million, compared with a loss of HK$4.8 million in the year-earlier period.
Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.
Total revenue increased on an annual basis to HK$125.9 million from HK$121.8 million, and total operating expenses came to HK$129.9 million, compared with HK$129.5 million in the prior-year period.
Reported net income came to a loss of HK$4.9 million, or a loss of 0 cents per share, compared to a loss of HK$7.4 million, or a loss of 1 cents per share, in the year-earlier period.
