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Mayberry Research 2021-10-05T03:32:45-05:00

Daily Market Summary May 18, 2018

Daily Market Summary 18.05.18 The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any Action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein

HONBUN reported 19% dip in six months net profits

March 18, 2018 Revenue dipped by 1% amounting to $674.74 million, down from $680.34 million reported a year ago. The Company had an 5% decrease in Cost of Sales to $366.10 million and consequently, Gross Profit increased by 4% or $296.71 million year-to-date to $308.65 million. For the quarter, Gross Profit increased by 4% to $164.69 million. The Company had Other Losses totaling $5.35 million relative to the loss of $93,163  for the same period the prior financial year. Finance income declined 61% from $971,471 to $383,545. Once considered, Profit before Expenses increased by 2% to $303.69 million. Administrative Expenses