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DP Poland H1 loss narrows YOY

DP Poland plc said its normalized net income for the first half was a loss of £579,580, compared with a loss of £660,470 in the prior-year period.

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

Total revenue grew 69.8% on an annual basis to £3.0 million from £1.7 million, and total operating expenses increased 46.7% year over year to £4.1 million from £2.8 million.

Reported net income totaled a loss of £944,380, or a loss of 1 pence per share, compared to a loss of £1.1 million, or a loss of 1 pence per share, in the prior-year period.