trending Market Intelligence /marketintelligence/en/news-insights/trending/6htHMpIfrzsK_hDRu4u4Mg2 content esgSubNav
In This List

OM2 Network fiscal Q2 profit climbs 46.9% YOY

Blog

Using ESG Analysis to Support a Sustainable Future

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Q&A: Streamlining Analytics for TCFD Reporting

Blog

Evergrande and the wider impact: a sentiment analytics based perspective


OM2 Network fiscal Q2 profit climbs 46.9% YOY

OM2 Network Co. Ltd. said its normalized net income for the fiscal second quarter ended July 31 amounted to ¥30.44 per share, a gain of 46.9% from ¥20.72 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥207.5 million, an increase of 46.9% from ¥141.3 million in the prior-year period.

The normalized profit margin increased to 2.4% from 1.7% in the year-earlier period.

Total revenue grew year over year to ¥8.80 billion from ¥8.41 billion, and total operating expenses climbed from the prior-year period to ¥8.49 billion from ¥8.21 billion.

Reported net income rose 62.4% year over year to ¥177.0 million, or ¥25.97 per share, from ¥109.0 million, or ¥15.99 per share.

As of Sept. 10, US$1 was equivalent to ¥106.65.