trending Market Intelligence /marketintelligence/en/news-insights/trending/OihDwVc-trOUHB-kTpG5YQ2 content esgSubNav
In This List

Sparkle Roll swings to loss in fiscal H1

Podcast

Next in Tech | Episode 66: Connected vehicles in transition

Blog

Gold - Geopolitical tensions and inflation remain key drivers

Blog

Lithium and Cobalt - Softer demand weighs on prices

Podcast

Street Talk | Episode 94: Recessionary fears in ’22 overblown, Fed could overtighten


Sparkle Roll swings to loss in fiscal H1

Sparkle Roll Group Ltd said its normalized net income for the fiscal first half ended Sept. 30 amounted to a loss of HK$13.8 million, compared with income of HK$2.8 million in the prior-year period.

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

Total revenue declined 25.4% on an annual basis to HK$1.21 billion from HK$1.62 billion, and total operating expenses declined 24.8% from the prior-year period to HK$1.21 billion from HK$1.60 billion.

Reported net income came to a loss of HK$23.3 million, or a loss of 1 cents per share, compared to income of HK$3.5 million, or 0 cents per share, in the prior-year period.