Alta Natural Herbs & Supplements Ltd. said its normalized net income for the fiscal second quarter ended April 30 amounted to a loss of C$91,330, compared with income of C$110,940 in the year-earlier period.
Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.
The normalized profit margin fell to negative 76.6% from 239.2% in the year-earlier period.
Total revenue totaled C$119,160, and total operating expenses came to C$251,720.
Reported net income came to a loss of C$146,130, or a loss of 0 cents per share, compared to income of C$177,500, or 1 cents per share, in the year-earlier period.