Australia's Rex Regional Express Holdings reported a net profit of A$10.5 million ($6.8 million) for its fiscal year first half ended Dec. 31, up 1.9% from net income of A$10.3 million in the year-ago period, on a 5.4% increase in revenue to A$135.8 million. Expenses rose 5.3% to A$121.4 million. Operating income was A$14.4 million, up 6.7% from A$13.5 million in the prior-year period. "This was accomplished by controlling nonfuel-related expenses and by an increased focus on efficient ...

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