Ishii Food Co. Ltd. said its normalized net income for the fiscal first quarter ended June 30 was 85 Japanese sen per share, compared with a loss of ¥1.94 per share in the year-earlier period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥15.0 million, compared with a loss of ¥35.6 million in the prior-year period.
The normalized profit margin rose to 0.6% from negative 1.5% in the year-earlier period.
Total revenue rose year over year to ¥2.46 billion from ¥2.40 billion, and total operating expenses came to ¥2.44 billion, compared with ¥2.46 billion in the year-earlier period.
As of Aug. 12, US$1 was equivalent to ¥102.19.
