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Applied Co. Ltd. fiscal Q3 profit climbs YOY

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Applied Co. Ltd. fiscal Q3 profit climbs YOY

4913962 said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, came to ¥23.40 per share, a gain from ¥6.18 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥59.4 million, an increase from ¥15.6 million in the prior-year period.

The normalized profit margin climbed to 0.8% from 0.2% in the year-earlier period.

Total revenue came to ¥7.04 billion, compared with ¥7.08 billion in the prior-year period, and total operating expenses declined year over year to ¥6.94 billion from ¥7.05 billion.

Reported net income grew from the prior-year period to ¥81.0 million, or ¥31.92 per share, from ¥17.0 million, or ¥6.72 per share.

s of Feb. 13, US$1 was equivalent to ¥118.68.Applied Co. Ltd.

4913962 said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, came to ¥23.40 per share, a gain from ¥6.18 per share in the prior-year period.