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TBK Co. fiscal Q1 profit climbs 8.1% YOY

4554542 said its normalized net income for the fiscal first quarter ended June 30 came to ¥17.28 per share, a gain of 8.1% from ¥15.98 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥506.8 million, an increase of 8.1% from ¥468.8 million in the year-earlier period.

The normalized profit margin rose to 4.5% from 4.3% in the year-earlier period.

Total revenue increased on an annual basis to ¥11.24 billion from ¥10.87 billion, and total operating expenses rose on an annual basis to ¥10.40 billion from ¥10.08 billion.

Reported net income rose on an annual basis to ¥623.0 million, or ¥21.24 per share, from ¥608.0 million, or ¥20.72 per share.

s of Aug. 6, US$1 was equivalent to ¥102.36.TBK Co. Ltd.

4554542 said its normalized net income for the fiscal first quarter ended June 30 came to ¥17.28 per share, a gain of 8.1% from ¥15.98 per share in the year-earlier period.