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For the six months ended 30 June 2020, Larry JewelryInternational Co Ltd revenues decreased 60% to HK$58.2M.Net loss increased 4% to HK$51.4M. Revenues reflect adecrease in demand for the Company's products and servicesdue to unfavorable market conditions. Higher net lossreflects Interest expense increase from HK$9.7M to HK$20.9M(expense). Basic Earnings per Share excluding ExtraordinaryItems remained flat at -HK$0.01.
Period Ending: | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 |
---|---|---|---|---|
Total Revenue | 20.82 | 37.37 | 87.46 | 59.87 |
Gross Profit | 3.31 | 12.86 | -12.45 | 21.56 |
Operating Income | -14.19 | -16.44 | -45.2 | -16.32 |
Net Income | -24.32 | -27.07 | -54.48 | -22.15 |
Period Ending: | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 |
---|---|---|---|---|
Total Assets | 468.12 | 518.29 | ||
Total Liabilities | 441.89 | 439.79 | ||
Total Equity | 26.23 | 78.5 |
Period Ending: | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 |
---|---|---|---|---|
Period Length: | 6 Months | 0 Months | 0 Months | 0 Months |
Cash From Operating Activities | 3.61 | |||
Cash From Investing Activities | -1.97 | |||
Cash From Financing Activities | -2.3 | |||
Net Change in Cash | -0.81 |
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