Tein Inc. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, amounted to 12 Japanese sen per share, compared with a loss of 12 sen per share in the year-earlier period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥625,000, compared with a loss of ¥625,000 in the year-earlier period.
The normalized profit margin increased to 0.1% from negative 0.1% in the year-earlier period.
Total revenue rose 21.7% year over year to ¥781.0 million from ¥642.0 million, and total operating expenses increased 15.5% year over year to ¥810.0 million from ¥701.0 million.
Reported net income came to a loss of ¥3.0 million, or a loss of 58 sen per share, compared to a loss of ¥29.0 million, or a loss of ¥5.58 per share, in the prior-year period.
As of Feb. 10, US$1 was equivalent to ¥119.28.
