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Ciboney Group fiscal Q3 loss narrows YOY

Ciboney Group Ltd said its normalized net income for the fiscal third quarter ended Feb. 28 came to a loss of J$863,130, compared with a loss of J$991,880 in the prior-year period.

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

Reported net income came to a loss of J$1.4 million, or a loss of 0 cents per share, compared to a loss of J$1.6 million, or a loss of 0 cents per share, in the prior-year period.

As of April 16, US$1 was equivalent to J$114.72.