Convenience Retail Asia's H1 Profit Rises 18% Year-on-Year

MT Newswires Live
08/15

Convenience Retail Asia (HKG:0831) reported HK$15.1 million in attributable profit for the half ended June 30, 18% higher than the HK$12.8 million in the year-ago period, according to a Hong Kong bourse filing Thursday.

Shares of the convenience store operator fell nearly 3% in morning trade Friday.

Basic earnings per share was HK$0.019, compared with HK$0.016 in the prior year.

Revenue fell nearly 5% year on year to HK$688.1 million.

The company also declared a dividend of HK$0.01 per share, payable Sept. 11 to shareholders of record on Sept. 2.

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