4357001 said its normalized net income for the fiscal first quarter ended Sept. 30 amounted to a loss of C$212,510, compared with a loss of C$468,640 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 negative 5.4% from negative 21.8% in the year-earlier period.
Total revenue increased 83.6% on an annual basis to C$3.9 million from C$2.2 million, and total operating expenses grew 51.7% on an annual basis to C$4.1 million from C$2.7 million.
eported net income totaled a loss of C$262,860, or a loss of 1 cents per share, compared to a loss of C$525,720, or a loss of 2 cents per share, in the year-earlier period.Bevo Agro Inc.
4357001 said its normalized net income for the fiscal first quarter ended Sept. 30 amounted to a loss of C$212,510, compared with a loss of C$468,640 in the prior-year period.
