trending Market Intelligence /marketintelligence/en/news-insights/trending/1BLDgRqnchaZc7rvxuxhjQ2 content esgSubNav
In This List

Ainavo Holdings fiscal Q3 profit falls YOY

Blog

Insight Weekly: Recession risk persists; Banks pull back from crypto; 2022 laggard stocks rally

Podcast

IR In Focus | Episode 1 - Digital Innovation to Drive Investor Engagement

The Cobalt Expansion Drive Is A Copper Story

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage


Ainavo Holdings fiscal Q3 profit falls YOY

Ainavo Holdings Co. Ltd. said its normalized net income for the fiscal third quarter ended June 30 was ¥6.65 per share, a decrease of 37.2% from ¥10.59 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥76.9 million, a decrease of 37.2% from ¥122.5 million in the year-earlier period.

The normalized profit margin fell to 0.6% from 0.9% in the year-earlier period.

Total revenue declined 6.7% year over year to ¥12.26 billion from ¥13.14 billion, and total operating expenses declined 6.2% on an annual basis to ¥12.19 billion from ¥12.99 billion.

Reported net income grew 13.0% from the prior-year period to ¥122.0 million, or ¥10.55 per share, from ¥108.0 million, or ¥9.34 per share.

As of Aug. 11, US$1 was equivalent to ¥124.86.