trending Market Intelligence /marketintelligence/en/news-insights/trending/-j6p7zpnDQPP904UphhD_w2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Toabo swings to profit in Q3

Blog

COVID-19 Impact & Recovery: Media, Telecom and Technology Outlook for H2 2021

Blog

COVID-19 Impact & Recovery: LCD Outlook for H2 2021

Blog

COVID-19 Impact & Recovery: Technology Outlook for H2 2021

Blog

COVID-19 Impact & Recovery: Financial Industry Outlook for H2 2021


Toabo swings to profit in Q3

Toabo Corp. said its normalized net income for the third quarter amounted to ¥40.0 million, compared with a loss of ¥1.9 million in the prior-year period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin increased to 0.9% from negative 0.0% in the year-earlier period.

Total revenue rose 6.4% on an annual basis to ¥4.54 billion from ¥4.27 billion, and total operating expenses climbed year over year to ¥4.44 billion from ¥4.24 billion.

Reported net income came to ¥30.0 million.

As of Nov. 11, US$1 was equivalent to ¥122.91.