Mainboard-listed Valuetronics Holdings have reported earnings of HK$56.6 million ($9.8 million) for the 1HFY2022 ended September, 38.1% lower than earnings of HK$91.5 million in the same period the year before.
Accordingly, earnings per share (EPS) for the half-year period fell 38.1% y-o-y to 13.0 HK cents.
1HFY2022 revenue fell 7.3% y-o-y to HK$1.01 billion. Though cost of sales during the period fell 4.2% y-o-y to HK$870.9 million, Valuetronics’ gross profit stood 22.8% y-o-y lower at HK$143.6 million for the 1HFY2022.
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