NEW YORK — Despite a difficult first half, Hong Kong–based Dickson Concepts International last week posted yearend results that were boosted by investments and strict cost controls in the latter part of the year.

For the year ended March 31, income was down 26.6 percent to $5.3 million from $7.2 million in the year-ago period. The decrease was attributable to the first-half decline, which was affected by the Sept. 11 terrorist attacks in the U.S., the resulting deterioration in retail sentiment in Asia and the sharp decline in international tourism. Profits in the second half increased by 35.9 percent, aided in part by stricter controls on expenses. Sales for the year rose 5.2 percent to $301.1 million from $286.3 million. Dollar amounts have been converted from the Hong Kong dollar.

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