trending Market Intelligence /marketintelligence/en/news-insights/trending/6zvPqH64_pkC7Jm1r5RvSw2 content esgSubNav
In This List

Xebio Holdings fiscal Q4 profit falls YOY

Blog

Insight Weekly: PE firms shift strategies; bank earnings kick off; bankruptcies plummet

Blog

Bed, Bath, and Bankruptcy: Using Quantitative Credit Models to Predict Corporate Defaults

Blog

Insight Weekly: Stocks limp into 2023; GCC banks set for rebound; deep-sea mining faces pushback

Infographic

Infographic: The Big Picture 2023 Sustainability Outlook


Xebio Holdings fiscal Q4 profit falls YOY

Xebio Holdings Co. Ltd. said its normalized net income for the fiscal fourth quarter ended March 31 amounted to ¥11.58 per share, a decline of 74.9% from ¥46.21 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥521.9 million, a decline of 75.0% from ¥2.08 billion in the prior-year period.

The normalized profit margin dropped to 1.0% from 3.8% in the year-earlier period.

Total revenue declined year over year to ¥53.05 billion from ¥55.13 billion, and total operating expenses came to ¥52.59 billion, compared with ¥52.22 billion in the year-earlier period.

Reported net income came to a loss of ¥967.4 million, or a loss of ¥21.45 per share, compared to income of ¥1.32 billion, or ¥29.25 per share, in the year-earlier period.

For the year, the company's normalized net income totaled ¥92.58 per share, a fall of 50.0% from ¥185.30 per share in the prior year.

Normalized net income was ¥4.18 billion, a decrease of 50.0% from ¥8.36 billion in the prior year.

Full-year total revenue increased from the prior-year period to ¥210.67 billion from ¥204.78 billion, and total operating expenses rose 6.5% on an annual basis to ¥205.02 billion from ¥192.48 billion.

The company said reported net income fell 68.5% on an annual basis to ¥2.08 billion, or ¥46.17 per share, in the full year, from ¥6.62 billion, or ¥146.67 per share.

As of June 26, US$1 was equivalent to ¥123.96.