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ABC-Mart fiscal Q2 profit climbs 14.6% YOY

4916142 said its normalized net income for the fiscal second quarter ended Aug. 31 amounted to ¥79.37 per share, a gain of 14.6% from ¥69.27 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥6.55 billion, an increase of 14.6% from ¥5.71 billion in the year-earlier period.

The normalized profit margin climbed to 12.8% from 12.5% in the year-earlier period.

Total revenue increased 12.4% on an annual basis to ¥51.30 billion from ¥45.65 billion, and total operating expenses rose 11.6% from the prior-year period to ¥41.00 billion from ¥36.74 billion.

eported net income increased 20.0% on an ABC-Mart Inc..