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Japan Airlines fiscal Q3 profit climbs YOY

Japan Airlines Co. Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, came to ¥75.53 per share, a gain from ¥74.66 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥27.39 billion, a gain from ¥27.08 billion in the year-earlier period.

The normalized profit margin dropped to 8.1% from 8.2% in the year-earlier period.

Total revenue climbed year over year to ¥338.62 billion from ¥330.62 billion, and total operating expenses grew on an annual basis to ¥293.22 billion from ¥288.96 billion.

Reported net income decreased 5.3% on an annual basis to ¥39.36 billion, or ¥108.57 per share, from ¥41.56 billion, or ¥114.61 per share.

As of Feb. 2, US$1 was equivalent to ¥117.28.