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Bosideng International profit holds mostly steady YOY in fiscal H1

Bosideng International Holdings Ltd. said its normalized net income for the fiscal first half ended Sept. 30 amounted to 3 fen per share, compared with 3 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 264.1 million yuan, compared with 263.9 million yuan in the prior-year period.

Total revenue rose year over year to 2.85 billion yuan from 2.81 billion yuan, and total operating expenses totaled 2.47 billion yuan, compared with 2.47 billion yuan in the prior-year period.

Reported net income fell 22.4% on an annual basis to 252.9 million yuan, or 3 fen per share, from 326.1 million yuan, or 4 fen per share.

As of Dec. 18, US$1 was equivalent to 6.22 yuan.