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Vilkyskiu Pienine swings to loss in Q2

4910955 said its second-quarter normalized net income amounted to a loss of €89,380, compared with income of €49,000 in the year-earlier period.

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

The normalized profit margin dropped to negative 0.4% from 0.3% in the year-earlier period.

Total revenue climbed 6.8% on an annual basis to €20.8 million from €19.5 million, and total operating expenses grew 7.9% from the prior-year period to €20.8 million from €19.2 million.

eported net income fell 84.3% from the prior-year period to €29,000, or 0 cents per share, from €185,000, or 2 cents per share.AB Vilkyskiu pienine

4910955 said its second-quarter normalized net income amounted to a loss of €89,380, compared with income of €49,000 in the year-earlier period.