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Agrokasa Holdings Q3 profit climbs YOY

4916936 said its third-quarter normalized net income amounted to 26 cents per share, an increase from 12 cents per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $17.3 million, a gain from $7.7 million in the prior-year period.

The normalized profit margin declined to 7.8% from 23.4% in the year-earlier period.

otal revenue increased 92.1% on an annual basis to $63.4 million from $33.0 million, and total operating expenses grew 46.1% on an ann Agrokasa Holdings SA