trending Market Intelligence /marketintelligence/en/news-insights/trending/cJ4HjWukWF-LdeZGNQgcBQ2 content esgSubNav
In This List

Red Planet Japan fiscal Q2 loss narrows YOY

The Cobalt Expansion Drive Is A Copper Story


Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage


Street Talk | Episode 105: Banks could see opportunity in fintech's cleansing fire


The Climate Vulnerability Assessment by APRA: Helping Financial Institutions Address Challenges

Red Planet Japan fiscal Q2 loss narrows YOY

Red Planet Japan Inc. said its normalized net income for the fiscal second quarter ended March 31 amounted to a loss of 34 Japanese sen per share, compared with a loss of 73 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 a loss of ¥54.1 million, compared with a loss of ¥76.3 million in the year-earlier period.

The normalized profit margin increased to negative 4.9% from negative 15.0% in the year-earlier period.

Total revenue rose on an annual basis to ¥1.11 billion from ¥509.0 million, and total operating expenses rose 97.7% year over year to ¥1.20 billion from ¥605.0 million.

Reported net income came to a loss of ¥96.0 million, or a loss of 60 sen per share, compared to a loss of ¥122.0 million, or a loss of ¥1.16 per share, in the year-earlier period.

As of May 14, US$1 was equivalent to ¥119.24.