trending Market Intelligence /marketintelligence/en/news-insights/trending/tJrY7zE4HcELvAJHOwE4fA2 content esgSubNav
In This List

Allied Farmers swings to profit in fiscal H1

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix


Allied Farmers swings to profit in fiscal H1

Allied Farmers Ltd said its normalized net income for the fiscal first half ended Dec. 31, 2014, came to NZ$27,880, compared with a loss of NZ$315,250 in the year-earlier period.

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

Total revenue increased on an annual basis to NZ$9.4 million from NZ$9.1 million, and total operating expenses totaled NZ$8.9 million, compared with NZ$8.9 million in the prior-year period.

Reported net income totaled NZ$708,000, or 1 cents per share, compared to a loss of NZ$572,000, or a loss of 0 cents per share, in the prior-year period.

As of Feb. 27, US$1 was equivalent to NZ$1.32.