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People Co. Ltd. fiscal Q2 profit climbs YOY

4915818 said its normalized net income for the fiscal second quarter ended July 20 came to ¥18.86 per share, a gain from 14 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 ¥82.5 million, an increase from ¥625,000 in the prior-year period.

The normalized profit margin climbed to 7.8% from 0.1% in the year-earlier period.

Total revenue rose 38.7% on an annual basis to ¥1.05 billion from ¥760.0 million, and total operating expenses climbed 22.2% year over year to ¥925.0 million from ¥757.0 million.

Reported net income totaled ¥84.0 million, or ¥19.20 per share.

s of Sept. 3, US$1 was equivalent to ¥120.25.People Co. Ltd.

4915818 said its normalized net income for the fiscal second quarter ended July 20 came to ¥18.86 per share, a gain from 14 sen per share in the year-earlier period.