Ride On Express Holdings Co. Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2015, was ¥228.8 million.
Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.
The normalized profit margin was 4.6%.
Total revenue came to ¥4.93 billion, and total operating expenses came to ¥4.56 billion.
Reported net income came to ¥228.0 million, or ¥21.31 per share.
As of Feb. 12, US$1 was equivalent to ¥112.83.