FFI Holdings Ltd. said its normalized net income for the fiscal first half ended Dec. 31, 2014, was 11 Australian cents per share, a decline of 13.6% from 12 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 A$1.0 million, a decrease from A$1.1 million in the year-earlier period.
Total revenue totaled A$16.1 million, compared with A$16.0 million in the year-earlier period, and total operating expenses totaled A$14.4 million, compared with A$14.3 million in the prior-year period.
Reported net income declined from the prior-year period to A$1.2 million, or 12 cents per share, from A$1.2 million, or 14 cents per share.
