trending Market Intelligence /marketintelligence/en/news-insights/trending/JWsKYWy9G_Iqx7fF8OvD2w2 content esgSubNav
Log in to other products


Looking for more?

Contact Us
In This List

Evershine Group Q1 loss widens YOY


Episode 11: AI/ML maturity and pandemic effects‬

A room with a view: a non-tech explanation of containers and Kubernetes

Private equity TMT activity making comeback in Europe


LCD Monthly: Assessing the US loan market one year after the COVID-19 crash

Evershine Group Q1 loss widens YOY

Evershine Group Holdings Ltd. said its first-quarter normalized net income was a loss of HK$5.5 million, compared with a loss of HK$2.5 million 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 negative 27.2% from negative 30.2% in the year-earlier period.

Total revenue climbed on an annual basis to HK$27.3 million from HK$8.3 million, and total operating expenses climbed year over year to HK$35.3 million from HK$11.4 million.

Reported net income totaled a loss of HK$4.7 million, or a loss of 0 cents per share, compared to a loss of HK$3.9 million, or a loss of 1 cents per share, in the year-earlier period.