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Seamless Green China Q2 loss narrows YOY

4914042 said its normalized net income for the second quarter came to a loss of HK$514,380, compared with a loss of HK$2.2 million in the prior-year period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin increased to negative 6.4% from negative 100.6% in the year-earlier period.

otal revenue rose year over year to HK$8.0 million from HK$2.2 million, and total operating expenses increased 91.6% on an annual basis to HK$8.8 million from HK$4.6 million Seamless Green China (Holdings) Ltd