trending Market Intelligence /marketintelligence/en/news-insights/trending/GQEYtaZIGWcRdzJtsK6a_A2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

CSMEN Co. fiscal Q1 profit falls YOY

Video

Climate Credit Analytics: Linking climate scenarios to financial impacts

Blog

What’s next in Cloud?

Blog

Global M&A Infographic Q1 2021

Blog

COVID-19 Impact & Recovery: Private Equity


CSMEN Co. fiscal Q1 profit falls YOY

CSMEN Co. Ltd. said its normalized net income for the fiscal first quarter ended May 31 came to ¥8.71 per share, a decline of 38.9% from ¥14.25 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥6.9 million, a decline of 38.9% from ¥11.3 million in the prior-year period.

The normalized profit margin dropped to 0.4% from 0.6% in the year-earlier period.

Total revenue decreased on an annual basis to ¥1.68 billion from ¥1.75 billion, and total operating expenses decreased from the prior-year period to ¥1.67 billion from ¥1.73 billion.

Reported net income totaled a loss of ¥10.0 million, or a loss of ¥12.66 per share, compared to income of ¥1.0 million, or ¥1.27 per share, in the prior-year period.

As of July 8, US$1 was equivalent to ¥121.04.