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Autins fiscal H1 profit falls YOY

Autins Group plc said its normalized net income for the fiscal first half ended March 31 was £111,750, a fall of 73.4% from £419,880 in the year-earlier period.

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

Total revenue increased year over year to £10.7 million from £10.3 million, and total operating expenses increased 8.6% from the prior-year period to £10.3 million from £9.5 million.

Reported net income fell 70.4% year over year to £154,000, or 1 pence per share, from £521,000.