trending Market Intelligence /marketintelligence/en/news-insights/trending/MtSiMR0dDuu59LXC5ZljLA2 content esgSubNav
In This List

Nippon Beet Sugar Manufacturing fiscal Q1 profit climbs YOY

Blog

Banking Essentials Newsletter: June 12th Edition

Blog

S&P 500 Q4 2023 Sector Earnings & Revenue Data

Podcast

Next in Tech | Episode 171: Concerns About Fraud Drive AI Investment

Podcast

Street Talk | Episode 127: The 'knife fight' for deposits could spur more bank deals


Nippon Beet Sugar Manufacturing fiscal Q1 profit climbs YOY

Nippon Beet Sugar Manufacturing Co. Ltd. said its normalized net income for the fiscal first quarter ended June 30 came to ¥32.47 per share, an increase from ¥13.04 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥463.1 million, an increase from ¥185.6 million in the year-earlier period.

The normalized profit margin increased to 3.4% from 1.4% in the year-earlier period.

Total revenue rose on an annual basis to ¥13.61 billion from ¥13.24 billion, and total operating expenses came to ¥13.02 billion, compared with ¥13.08 billion in the prior-year period.

Reported net income increased from the prior-year period to ¥463.0 million, or ¥32.46 per share, from ¥149.0 million, or ¥10.46 per share.

As of Aug. 13, US$1 was equivalent to ¥102.37.