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Union Bridge Holdings Ltd. said its normalized net income for the fiscal second quarter ended May 31 amounted to a loss of $1,190, compared with a loss of $70 in the year-earlier period.
Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.
Reported net income totaled a loss of $1,900, or a loss of 0 cents per share, compared to a loss of $120 in the year-earlier period.