trending Market Intelligence /marketintelligence/en/news-insights/trending/_heNSEvGzGVGpBc_TTnLug2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

CSMEN Co. swings to profit in fiscal Q1

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Blog

Corporate Credit Risk Trends in Developing Markets: A Loss Given Default (LGD) Perspective

Blog

Q&A: Data That Delivers - Automating the Credit Risk Workflow

Blog

Corporate Credit Risk Trends in Developing Markets: A Probability of Default Perspective


CSMEN Co. swings to profit in fiscal Q1

CSMEN Co. Ltd. said its normalized net income for the fiscal first quarter ended May 31 amounted to ¥14.25 per share, compared with a loss of ¥6.33 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥11.3 million, compared with a loss of ¥5.0 million in the prior-year period.

The normalized profit margin climbed to 0.6% from negative 0.3% in the year-earlier period.

Total revenue increased year over year to ¥1.75 billion from ¥1.68 billion, and total operating expenses increased year over year to ¥1.73 billion from ¥1.69 billion.

Reported net income totaled ¥1.0 million, or ¥1.27 per share, compared to a loss of ¥3.0 million, or a loss of ¥3.80 per share, in the year-earlier period.

As of July 9, US$1 was equivalent to ¥101.69.