Zoa Corp. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, was ¥17.70 per share, a gain from ¥5.44 per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥36.9 million, an increase of 9.3% from ¥33.8 million in the year-earlier period.
The normalized profit margin rose to 1.7% from 1.0% in the year-earlier period.
Total revenue decreased 37.9% on an annual basis to ¥2.19 billion from ¥3.54 billion, and total operating expenses fell 38.6% from the prior-year period to ¥2.14 billion from ¥3.48 billion.
Reported net income grew 8.6% on an annual basis to ¥38.0 million, or ¥18.24 per share, from ¥35.0 million, or ¥5.64 per share.
As of Feb. 13, US$1 was equivalent to ¥118.68.
