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Kure Technologies fiscal Q2 loss narrows YOY

Kure Technologies Inc. said its normalized net income for the fiscal second quarter ended Feb. 29 amounted to a loss of C$102,500, compared with a loss of C$158,130 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$164,000, or a loss of 2 cents per share, compared to income of C$232,000, or 2 cents per share, in the year-earlier period.