Pangaea Connectivity Technology (HKG:1473) reported HK$15.4 million in attributable profit for the six months ended Sept. 30, up from HK$14.6 million a year earlier, according to a Wednesday Hong Kong bourse filing.

Shares of the firm were down nearly 9% in Thursday morning trade.

Earnings per share came in at HK$0.0151, compared with HK$0.0147 in the prior-year period.

Revenue rose slightly to HK$1.05 billion from HK$1.02 billion, the figures showed.