GSI Creos Corp. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, came to ¥9.24 per share, a decline of 78.0% from ¥41.97 per share in the year-earlier period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥59.4 million, a decline of 78.0% from ¥269.6 million in the prior-year period.
The normalized profit margin fell to 0.1% from 0.7% in the year-earlier period.
Total revenue totaled ¥40.33 billion, compared with ¥40.13 billion in the prior-year period, and total operating expenses came to ¥39.99 billion, compared with ¥39.69 billion in the year-earlier period.
Reported net income came to a loss of ¥11.0 million, or a loss of ¥1.71 per share, compared to income of ¥336.0 million, or ¥52.30 per share, in the year-earlier period.
As of Feb. 9, US$1 was equivalent to ¥118.60.
