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RCL Foods fiscal H1 profit climbs YOY

4911452 said its normalized net income for the fiscal first half ended Dec. 31, 2014, came to 61 South African cents per share, a gain from 5 cents per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 524.9 million rand, an increase from 30.9 million rand in the prior-year period.

Total revenue increased 38.8% year over year to 12.03 billion rand from 8.67 billion rand, and total operating expenses grew 35.7% year over year to 11.16 billion rand from 8.23 billion rand.

eported net income rose on an annual basis to 6 RCL Foods Ltd..