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Kure Technologies fiscal Q1 loss narrows YOY

Kure Technologies Inc. said its normalized net income for the fiscal first quarter ended Nov. 30, 2015, amounted to a loss of C$81,880, compared with a loss of C$103,130 in the prior-year period.

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

Reported net income came to a loss of C$134,000, or a loss of 1 cents per share, compared to a loss of C$169,000, or a loss of 2 cents per share, in the prior-year period.