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Dalian Sunasia Tourism Holding Q3 profit falls YOY

Dalian Sunasia Tourism Holding CO.LTD said its normalized net income for the third quarter amounted to 58 fen per share, a decline from 59 fen per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 53.2 million yuan, a decline from 54.7 million yuan in the prior-year period.

The normalized profit margin increased to 34.7% from 34.7% in the year-earlier period.

Total revenue decreased on an annual basis to 153.3 million yuan from 157.9 million yuan, and total operating expenses declined year over year to 65.7 million yuan from 67.0 million yuan.

Reported net income came to 66.8 million yuan, or 73 fen per share, compared to 66.7 million yuan, or 73 fen per share, in the prior-year period.

As of Oct. 28, US$1 was equivalent to 6.78 yuan.