trending Market Intelligence /marketintelligence/en/news-insights/trending/hkQCYXb1JKWFsWsbmhb9zg2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

PAL Group Holdings fiscal Q4 profit falls YOY

Amazon e-commerce sales soar amid COVID-19

Gauging Supply Chain Risk In Volatile Times

S&P Global Market Intelligence

Cannabis: Hashing Out a Budding Industry

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help


PAL Group Holdings fiscal Q4 profit falls YOY

PAL Group Holdings Co. Ltd. said its normalized net income for the fiscal fourth quarter ended Feb. 28 was ¥40.95 per share, a decline of 6.4% from ¥43.75 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥900.8 million, a decrease of 6.4% from ¥962.3 million in the year-earlier period.

The normalized profit margin dropped to 3.1% from 3.5% in the year-earlier period.

Total revenue grew 6.4% on an annual basis to ¥28.89 billion from ¥27.15 billion, and total operating expenses grew 6.1% from the prior-year period to ¥27.36 billion from ¥25.77 billion.

Reported net income declined year over year to ¥522.0 million, or ¥23.73 per share, from ¥545.0 million, or ¥24.78 per share.

For the year, the company's normalized net income totaled ¥226.07 per share, an increase of 24.2% from ¥182.08 per share in the prior year.

Normalized net income was ¥4.97 billion, a rise of 24.2% from ¥4.01 billion in the prior year.

Full-year total revenue grew 8.1% year over year to ¥108.09 billion from ¥100.03 billion, and total operating expenses rose 6.3% year over year to ¥99.98 billion from ¥94.09 billion.

The company said reported net income rose 40.6% year over year to ¥4.09 billion, or ¥186.03 per share, in the full year, from ¥2.91 billion, or ¥132.29 per share.

As of May 28, US$1 was equivalent to ¥124.24.