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Moa Group fiscal H1 loss widens 10.3% YOY

4912734 said its normalized net income for the fiscal first half ended Sept. 30 was a loss of 5 New Zealand cents per share, compared with a loss of 5 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 a loss of NZ$1.7 million, compared with a loss of NZ$1.6 million in the prior-year period.

Total revenue climbed 71.1% on an annual basis to NZ$2.5 million from NZ$1.4 million, and total operating expenses rose 30.6% year over year to NZ$5.3 million from NZ$4.1 million.

Reported net income came to a loss of NZ$3.2 million, or a loss of 10 cents per share, compared to a loss of NZ$3.0 million, or a loss of 10 cents per share, in the prior-year period.

s of Nov. 28, US$1 was equivalent to NZ$1.27.Moa Group Ltd.

4912734 said its normalized net income for the fiscal first half ended Sept. 30 was a loss of 5 New Zealand cents per share, compared with a loss of 5 cents per share in the year-earlier period.