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Fulham Shore fiscal H1 profit falls YOY

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Fulham Shore fiscal H1 profit falls YOY

Fulham Shore PLC said its normalized net income for the fiscal first half ended Sept. 27 was £356,000, a decline of 22.8% from £460,880 in the prior-year period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

Total revenue climbed year over year to £13.9 million from £5.5 million, and total operating expenses rose from the prior-year period to £13.3 million from £4.7 million.

Reported net income declined 83.2% year over year to £112,000, or 0 pence per share, from £666,770, or 0 pence per share.