4Cs Holdings Co. Ltd. said its normalized net income for the fiscal first quarter ended Dec. 31, 2014, came to a loss of ¥1.24 per share, compared with ¥1.10 per share in the year-earlier period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of ¥8.1 million, compared with income of ¥6.3 million in the prior-year period.
The normalized profit margin dropped to negative 1.9% from 2.1% in the year-earlier period.
Total revenue climbed 44.9% on an annual basis to ¥429.0 million from ¥296.0 million, and total operating expenses climbed 59.0% from the prior-year period to ¥442.0 million from ¥278.0 million.
Reported net income came to a loss of ¥15.0 million, or a loss of ¥2.29 per share, compared to income of ¥10.0 million, or ¥1.75 per share, in the prior-year period.
As of Feb. 12, US$1 was equivalent to ¥118.90.
