Castle Group Inc. said its first-quarter normalized net income amounted to 1 cents per share, compared with 1 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 $129,490, an increase from $128,200 in the year-earlier period.
The normalized profit margin increased to 2.1% from 2.1% in the year-earlier period.
Total revenue came to $6.1 million, compared with $6.1 million in the year-earlier period, and total operating expenses totaled $5.8 million, compared with $5.9 million in the year-earlier period.
Reported net income totaled $104,150, or 1 cents per share, compared to $103,950, or 1 cents per share, in the prior-year period.
