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Palmeraies De Mopoli fiscal H1 profit falls YOY

4912908 said its normalized net income for the fiscal first half ended Dec. 31, 2014, was €1.01 per share, a decline of 62.1% from €2.67 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €101,250, a decline of 60.1% from €253,750 in the year-earlier period.

otal revenue fell 55.9% year over year to €141,000 from €320,000, and total operating expenses fell 17.7% year over year to Palmboomen Cultuur Maatschappij Mopoli (Palmeraies De Mopoli) NV