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Feedone posts fiscal Q3 profit

Feedone Co. Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2015, came to ¥542.8 million.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin was 0.9%.

Total revenue came to ¥60.77 billion, and total operating expenses totaled ¥59.99 billion.

Reported net income came to ¥431.0 million, or ¥2.19 per share.

As of Feb. 12, US$1 was equivalent to ¥112.83.