trending Market Intelligence /marketintelligence/en/news-insights/trending/UrUNJFIFO--HAo4zmjhCKQ2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

China Vanguard You Champion swings to loss in fiscal Q1


So, the data lakehouse is now officially a ‘thing’ – what is it and why should you care?


Industry Top Trends 2021: Oil and Gas


Charter, DIRECTV and Comcast rank as the top 'RSN-friendly' MVPDs

The Evolution Of ESG Factors In Credit Risk Assessment: Corporate Governance

China Vanguard You Champion swings to loss in fiscal Q1

China Vanguard You Champion Holdings Ltd. said its normalized net income for the fiscal first quarter ended Sept. 30 amounted to a loss of HK$5.1 million, compared with income of HK$232,500 in the year-earlier period.

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

The normalized profit margin fell to negative 29.5% from 1.2% in the year-earlier period.

Total revenue decreased 13.0% on an annual basis to HK$17.3 million from HK$19.9 million, and total operating expenses rose 14.1% year over year to HK$23.6 million from HK$20.7 million.

Reported net income totaled a loss of HK$7.6 million, or a loss of 0 cents per share, compared to income of HK$3.6 million, or 0 cents per share, in the year-earlier period.