trending Market Intelligence /marketintelligence/en/news-insights/trending/2q6s4-lOGVJE45qyyl2Swg2 content esgSubNav
In This List

Simonds Group swings to loss in fiscal H1

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix


Simonds Group swings to loss in fiscal H1

Simonds Group Ltd. said its normalized net income for the fiscal first half ended Dec. 31, 2014, was a loss of 8 Australian cents per share, compared with 4 cents per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of A$10.9 million, compared with income of A$6.1 million in the year-earlier period.

Total revenue grew 8.6% on an annual basis to A$299.2 million from A$275.4 million, and total operating expenses grew 17.6% from the prior-year period to A$312.2 million from A$265.4 million.

Reported net income came to a loss of A$20.8 million, or a loss of 14 cents per share, compared to income of A$2.9 million, or 2 cents per share, in the year-earlier period.