4911105 said its normalized net income for the fourth quarter came to $254,750, compared with a loss of $1.3 million in the prior-year period.

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

The normalized profit margin increased to 0.5% from negative 2.3% in the year-earlier period.

Total revenue declined 75.9% on an annual basis to $13.1 million from $54.6 million, and total operating expenses declined 80.0% from the prior-year period to $12.4 million from $61.8 million.

Reported net income came to $1.1 million, or 0 cents per share, compared to a loss of $946,000, or a loss of 0 cents per share, in the year-earlier period.

For the year, the company's normalized net income totaled $11.7 million, compared with a loss of $-455,630 in the prior year.

Full-year total revenue decreased 33.8% on an annual basis to $147.9 million from $223.6 million, and total operating expenses decreased 27.7% year over year to $161.9 million from $224.1 million.

he company said reported net income totaled a loss of $17.6 million, or a loss of 0 cents per share, in the full year, compared with income of $4.7 million, or 0 cents per share, the prior year.Pesquera Iquique Guanaye S.A.

4911105 said its normalized net income for the fourth quarter came to $254,750, compared with a loss of $1.3 million in the prior-year period.