trending Market Intelligence /marketintelligence/en/news-insights/trending/s5UnoIieOi596wbmVtH_ug2 content esgSubNav
In This List

Frutí­cola Viconto swings to loss in Q3

Blog

Gold - Geopolitical tensions and inflation remain key drivers

Blog

Lithium and Cobalt - Softer demand weighs on prices

Podcast

Street Talk | Episode 94: Recessionary fears in ’22 overblown, Fed could overtighten

Podcast

Next in Tech | Episode 65: The operations side of AI/ML


Frutí­cola Viconto swings to loss in Q3

Frutícola Viconto S.A. said its third-quarter normalized net income was a loss of $269,380, compared with income of $405,630 in the prior-year period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin increased to 39.2% from 20.7% in the year-earlier period.

Total revenue fell 48.6% on an annual basis to $1.0 million from $2.0 million, and total operating expenses climbed on an annual basis to $1.3 million from $384,000.

Reported net income came to a loss of $203,000, or a loss of 0 cents per share, compared to income of $391,000, or 0 cents per share, in the prior-year period.