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LifeBrandz posts fiscal Q2 loss

LifeBrandz Ltd. said its normalized net income for the fiscal second quarter ended Jan. 31 came to a loss of S$518,880.

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

The normalized profit margin was 47.9%.

Total revenue came to S$4.3 million, and total operating expenses came to S$5.4 million.

Reported net income came to a loss of S$929,000, or a loss of 2 cents per share.

As of March 11, US$1 was equivalent to S$1.39.