Swallowfield PLC said its normalized net income for the fiscal first half ended Jan. 10 came to £35,000, compared with a loss of £15,000 in the prior-year period.
Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.
Total revenue grew on an annual basis to £26.0 million from £25.4 million, and total operating expenses climbed from the prior-year period to £25.9 million from £25.4 million.
Reported net income rose 36.1% year over year to £49,000, or 0 pence per share, from £36,000, or 0 pence per share.
