trending Market Intelligence /marketintelligence/en/news-insights/trending/xL7ogLfi9xHZR-l5Dqk3NA2 content esgSubNav
In This List

Carrianna Group 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


Carrianna Group fiscal H1 profit falls YOY

Carrianna Group Holdings Co. Ltd. said its normalized net income for the fiscal first half ended Sept. 30 amounted to 4 Hong Kong cents per share, a decrease of 60.0% from 9 cents per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was HK$44.5 million, a decrease of 58.2% from HK$106.3 million in the prior-year period.

Total revenue declined 12.6% year over year to HK$377.5 million from HK$431.7 million, and total operating expenses decreased 10.7% from the prior-year period to HK$313.7 million from HK$351.1 million.

Reported net income decreased 61.3% from the prior-year period to HK$57.8 million, or 5 cents per share, from HK$149.4 million, or 12 cents per share.