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People Co. Ltd. fiscal Q1 profit climbs 93.1% YOY

4915818 said its normalized net income for the fiscal first quarter ended April 20 was ¥16.00 per share, an increase of 93.1% from ¥8.29 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥70.0 million, an increase of 93.1% from ¥36.3 million in the prior-year period.

The normalized profit margin climbed to 7.5% from 4.9% in the year-earlier period.

Total revenue grew 26.6% on an annual basis to ¥928.0 million from ¥733.0 million, and total operating expenses rose 21.5% on an annual basis to ¥815.0 million from ¥671.0 million.

eported net income increased 97.2% on an People Co. Ltd..