FFI Holdings Ltd. said its normalized net income for the fiscal first half ended Dec. 31, 2015, amounted to 10 Australian cents per share, a decrease of 5.0% from 11 cents per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was A$995,540, a decline from A$1.0 million in the year-earlier period.

Total revenue rose on an annual basis to A$16.5 million from A$16.1 million, and total operating expenses increased from the prior-year period to A$14.8 million from A$14.4 million.

Reported net income declined year over year to A$1.1 million, or 12 cents per share, from A$1.2 million, or 12 cents per share.