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Blackmores fiscal Q2 profit climbs YOY


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Blackmores fiscal Q2 profit climbs YOY

Blackmores Ltd. said its normalized net income for the fiscal second quarter ended Dec. 31, 2015, was A$1.29 per share, an increase from 51 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 A$22.2 million, a gain from A$8.7 million in the prior-year period.

The normalized profit margin climbed to 18.3% from 8.1% in the year-earlier period.

Total revenue grew 66.1% on an annual basis to A$179.2 million from A$107.9 million, and total operating expenses rose 54.0% on an annual basis to A$142.2 million from A$92.3 million.

Reported net income increased on an annual basis to A$25.7 million, or A$1.49 per share, from A$10.0 million, or 58 cents per share.