Lion Rock Group Ltd. (1127.HK), a Hong Kong-based investment holding firm engaged in printing and publishing, on Thursday reported a dip in the first-half profit, hurt by weak revenue and lower profit contribution at Regent Publishing and Quarto.
Profit attributable to owners of the Company declined 4% to HK$76.04 million from HK$79.10 million a year ago.
Earnings on a per share basis reduced to HK10.01 cents from HK10.49 cents in the prior year.
For the half year, profit before income tax shrank to HK$94.20 million from HK$111.88 million a year earlier.
Revenue declined 13% to HK$1.09 billion from HK$1.26 billion a year ago.
In the Hong Kong Stock Exchange, the stock had closed 1.50% higher at HK$1.35.
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