Cathay International Holdings Limited Reports Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2018
August 31, 2018 at 02:17 pm IST
Cathay International Holdings Limited reported unaudited consolidated earnings results for the six months ended June 30, 2018. For the period, revenue was $49,190,000 against $61,952,000 for the same period prior year. Profit from operations was $1,126,000 against $4,920,000 for the same period prior year. Profit before income tax was $3,365,000 against $18,332,000 for the same period prior year. Loss for the period attributable to owners of the parent was $1,866,000 against profit for the period attributable to owners of the parent of $5,673,000 for the same period prior year. Basic and diluted loss per share were 0.49 cents against basic and diluted earnings per share of 1.50 cents for the same period prior year. Net cash used in operating activities was $5,781,000 against net cash generated from operating activities of $2,982,000 for the same period prior year.