The Admar Group Inc. reported that net...

The Admar Group Inc. reported that net income for the quarter ended July 31 declined to $50,000 from $136,000 for the same period last year. Revenue for the second fiscal quarter decreased 8%, to $2.6 million from $2.8 million. For the first half, net income declined 43%, to $119,000 from $208,000 for the first six months last year. Revenue totaled $5.2 million, a 7% decrease from the $5.6 million posted a year ago. Richard Toral, president and chief executive, said Admar has experienced a continuing loss of business from its previously largest client. The Admar Group, based in Orange, develops, markets and administers managed health-care services.