The Admar Group Inc.: The Santa Ana...

The Admar Group Inc.: The Santa Ana managed health care services company said profit for the fiscal year ended Jan. 31 declined 24% to $308,700, or 4 cents a share, from $403,700, or 5 cents a share, the prior year. Revenue fell 5% to $16.7 million from $17.6 million. The company attributed the decrease to a consolidation and restructuring of its managed benefits division. The company recorded a net loss of $44,300 for the fourth quarter, compared with a loss of $117,300, or 1 cent a share, for the previous year’s final three months. Revenue dropped 5% to $3.9 million from $4.1 million.