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Create SD Holdings fiscal Q3 profit climbs 36.1% YOY

Create SD Holdings Co. Ltd. said its normalized net income for the fiscal third quarter ended Feb. 28 came to ¥31.57 per share, an increase of 43.8% from ¥21.95 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥2.00 billion, an increase of 36.1% from ¥1.47 billion in the year-earlier period.

The normalized profit margin climbed to 3.8% from 3.0% in the year-earlier period.

Total revenue increased 7.9% on an annual basis to ¥52.77 billion from ¥48.92 billion, and total operating expenses grew 6.4% year over year to ¥49.64 billion from ¥46.67 billion.

Reported net income increased 43.2% on an annual basis to ¥1.95 billion, or ¥30.83 per share, from ¥1.36 billion, or ¥20.38 per share.

As of April 10, US$1 was equivalent to ¥120.22.