trending Market Intelligence /marketintelligence/en/news-insights/trending/KSYflxV4ERf0zh_rSyBy7A2 content esgSubNav
In This List

Sitoy Group Holdings fiscal H1 profit falls YOY

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix


Sitoy Group Holdings fiscal H1 profit falls YOY

Sitoy Group Holdings Ltd. said its normalized net income for the fiscal first half ended Dec. 31, 2014, was 16 Hong Kong cents per share, a decrease of 17.2% from 19 cents per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was HK$160.2 million, a decline of 17.2% from HK$193.5 million in the prior-year period.

Total revenue declined 16.0% year over year to HK$1.74 billion from HK$2.07 billion, and total operating expenses fell 14.8% on an annual basis to HK$1.50 billion from HK$1.76 billion.

Reported net income declined 16.9% on an annual basis to HK$208.0 million, or 21 cents per share, from HK$250.4 million, or 25 cents per share.