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Kri Kri H1 profit falls YOY

Kri Kri SA said its normalized net income for the first half came to 8 euro cents per share, compared with 9 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 €2.8 million, compared with €2.8 million in the prior-year period.

Total revenue totaled €34.8 million, compared with €34.6 million in the prior-year period, and total operating expenses came to €30.0 million, compared with €29.8 million in the prior-year period.

Reported net income decreased 15.4% from the prior-year period to €3.6 million, or 11 cents per share, from €4.3 million, or 13 cents per share.