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Bid Corp. posts fiscal H1 profit

Bid Corp. Ltd. said its normalized net income for the fiscal first half ended Dec. 31, 2015, came to 1.27 billion rand.

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

Total revenue came to 64.76 billion rand, and total operating expenses came to 62.59 billion rand.

Reported net income totaled 1.52 billion rand, or 150,934.16 rand per share.

As of April 14, US$1 was equivalent to 14.51 rand.