4911317 said its normalized net income for the first quarter amounted to $2.4 million, a rise of 42.9% from $1.7 million in the prior-year period.
Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.
The normalized profit margin climbed to 0.3% from 0.2% in the year-earlier period.
Total revenue climbed year over year to $711.4 million from $692.6 million, and total operating expenses climbed 6.9% from the prior-year period to $721.3 million from $674.6 million.
eported net income grew 30.0% from the prior-year period to $2.9 million, or 0 cents per share, from $2.2 million, or 0 cents per share.Mewah International Inc.
4911317 said its normalized net income for the first quarter amounted to $2.4 million, a rise of 42.9% from $1.7 million in the prior-year period.