4913944 said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, amounted to 56 Sri Lankan cents per share, compared with a loss of 83 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 8.9 million rupees, compared with a loss of 13.2 million rupees in the year-earlier period.
The normalized profit margin rose to 1.1% from negative 1.8% in the year-earlier period.
Total revenue rose 10.1% on an annual basis to 807.8 million rupees from 733.8 million rupees, and total operating expenses climbed 5.5% on an annual basis to 793.1 million rupees from 751.7 million rupees.
eported net income totaled 13.3 million rupees, or 83 cents per Bairaha Farms PLC.
