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Welcia Holdings posts fiscal Q3 profit

Welcia Holdings Co. Ltd. said its normalized net income for the fiscal third quarter ended Nov. 30, 2015, came to ¥3.09 billion.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin was 2.1%.

Total revenue came to ¥145.98 billion, and total operating expenses came to ¥141.56 billion.

Reported net income came to ¥2.13 billion, or ¥20.39 per share.

As of Jan. 14, US$1 was equivalent to ¥118.06.