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RFM Poultry fiscal H1 profit climbs YOY

RFM Poultry said its normalized net income for the fiscal first half ended Dec. 31, 2014, came to A$665,330, an increase from A$9,660 in the year-earlier period.

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

Total revenue climbed on an annual basis to A$12.9 million from A$950,980, and total operating expenses increased year over year to A$11.8 million from A$935,520.

Reported net income increased from the prior-year period to A$745,170, or 11 cents per share, from A$10,610, or 0 cents per share.