[Caihua News] 01389.HK announced that for the six months ended September 30, 2021, the group's interim income was HK $53.574 million, an increase of 41.05% over the same period last year; the total loss and overall expenses attributable to the company's owners were HK $2.184 million, down 59.65% from the same period last year; the basic loss per share was HKD 0.07 cents; no interim interest was paid.
The Group's gross profit increased by about 40.7% from about HK $5.9 million for the six months ended September 30, 2020 to about HK $8.3 million for the six months ended September 30, 2021. The change was mainly due to an increase in Group earnings for the six months ended 30 September 2021.
The Group's promotion, sales and distribution expenditure decreased by about 18.9% from about HK $7.4 million for the six months ended September 30, 2020 to about HK $6 million for the six months ended September 30, 2021. The change was mainly due to a decrease in depreciation expenses.