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Groupe JAJ fiscal H1 loss widens 34.4% YOY

Groupe JAJ said its normalized net income for the fiscal first half ended Sept. 30 was a loss of 6 euro cents per share, compared with a loss of 4 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 €204,400, compared with a loss of €152,120 in the year-earlier period.

Total revenue climbed 8.0% on an annual basis to €11.0 million from €10.2 million, and total operating expenses grew 5.6% on an annual basis to €11.0 million from €10.4 million.

Reported net income totaled a loss of €220,740, or a loss of 6 cents per share, compared to a loss of €262,510, or a loss of 7 cents per share, in the prior-year period.