Devonshire Industries, the parent company of Bermuda Paint Company has reported net income of $106,353 for the six months ending September 30, a drop of 50.62 per cent compared with the same period last year.

Meanwhile, net income from discounted operations was $99,055 compared with $210,141 for the same time frame in 2024, a dip of 52.86 per cent.

Operational costs were $538,078, a jump of 9.03 per cent, while net sales were $1,456,565, down 9.63 per cent.