China Boton Group Co. Ltd. (3318.HK), a fragrances and e-cigarette products manufacturer, on Friday reported declined net profit in the first half, mainly hurt by weak revenue.
Meanwhile, the Chinese firm slipped to loss attributable to owners from profit last year, due to higher share for non-controlling interests.
In the first half, profit declined to RMB8.71 million from RMB62.68 million a year ago.
Excluding non-controlling interests, the company reported loss attributable to the owners of the company of RMB8.12 million, compared to a profit of RMB44.33 million in the prior year.
The firm slipped to a per-share loss of RMB0.01 from a profit per share of RMB0.04 a year ago.
Profit before income tax reduced to RMB10.84 million from RMB81.23 million in the prior year.
Revenue shrank to RMB637.75 million from RMB750.98 million a year ago.
On the Hong Kong stock exchange, the shares were trading 1.60% higher at HK$1.91.
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