SUBSCRIBERS
Pacific Andes Q1 profit drops 48% to HK$103.8m
Published Tue, Feb 11, 2014 · 10:00 PM
EARNINGS for frozen fish supplier Pacific Andes Resources Development (Pard) fell 48 per cent for the first quarter ended Dec 31, 2013, despite revenue contribution from newly acquired Copeinca.
The lower bottom line came as sales suffered in other segments and operating expenses - some of which related to the acquisition - swelled.
Net profit for the quarter…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Cordlife substantial shareholder Nanjing Xinjiekou still mulling over offer to buy over remaining shares
Nvidia agrees to acquire Israeli AI software provider Run:ai
HSBC says growing Chinese wealth fuels client investments in US
Unilever's India quarterly profit disappoints
US: Wall St opens higher on tech boost, upbeat earnings
GM CEO Barra compensation fell 4% in 2023 to US$27.8 million