Tianci International Inc. said its normalized net income for the fiscal second quarter ended Jan. 31 amounted to a loss of 25 cents per share, compared with a loss of 11 cents per share in the year-earlier period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of $169,070, compared with a loss of $42,620 in the prior-year period.
Reported net income came to a loss of $270,510, or a loss of 39 cents per share, compared to a loss of $68,200, or a loss of 18 cents per share, in the prior-year period.
