RVH Inc. said its normalized net income for the fiscal second quarter ended Sept. 30 amounted to a loss of ¥4.99 per share, compared with a loss of ¥7.24 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 ¥30.0 million, compared with a loss of ¥35.6 million in the year-earlier period.
The normalized profit margin climbed to negative 12.7% from negative 62.5% in the year-earlier period.
Total revenue climbed on an annual basis to ¥236.0 million from ¥57.0 million, and total operating expenses grew from the prior-year period to ¥284.0 million from ¥114.0 million.
Reported net income came to a loss of ¥50.0 million, or a loss of ¥8.32 per share, compared to a loss of ¥57.0 million, or a loss of ¥11.59 per share, in the prior-year period.
As of Nov. 14, US$1 was equivalent to ¥116.46.
