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BHB Brauholding Bayern-Mitte AG H1 profit climbs 15.2% YOY

BHB Brauholding Bayern-Mitte AG said its first-half normalized net income was 4 euro cents per share, an increase of 15.2% from 4 cents per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €128,900, a gain of 15.2% from €111,880 in the year-earlier period.

Total revenue climbed year over year to €8.2 million from €8.0 million, and total operating expenses increased year over year to €8.0 million from €7.9 million.

Reported net income fell 23.6% year over year to €109,990, or 4 cents per share, from €144,000, or 5 cents per share.