Retail Food Group Ltd. said its normalized net income for the fiscal first half ended Dec. 31, 2014, amounted to 13 Australian cents per share, compared with the S&P Capital IQ consensus estimate of 13 cents per share.
EPS increased 12.4% year over year from 12 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was A$19.1 million, an increase of 24.4% from A$15.4 million in the prior-year period.
Total revenue came to A$33.8 million, and total operating expenses totaled A$724,000.
Reported net income grew 24.4% year over year to A$21.5 million, or 14 cents per share, from A$17.3 million, or 13 cents per share.
