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Bonmarché fiscal H1 profit climbs 68.1% YOY

Bonmarché Holdings PLC said its normalized net income for the fiscal first half ended Sept. 27 came to 8 Great British pence per share, an increase of 64.7% from 5 pence per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was £4.0 million, a gain of 68.1% from £2.4 million in the year-earlier period.

Total revenue rose 11.8% year over year to £91.1 million from £81.5 million, and total operating expenses increased 9.0% on an annual basis to £84.6 million from £77.6 million.

Reported net income grew 89.9% on an annual basis to £5.0 million, or 10 pence per share, from £2.6 million, or 5 pence per share.