trending Market Intelligence /marketintelligence/en/news-insights/trending/HlQH3fv0tMln8Ep3XFcwIw2 content esgSubNav
In This List

HouseFreedom Q2 profit climbs YOY

Blog

Banking Essentials Newsletter: June 12th Edition

Blog

S&P 500 Q4 2023 Sector Earnings & Revenue Data

Podcast

Next in Tech | Episode 171: Concerns About Fraud Drive AI Investment

Podcast

Street Talk | Episode 127: The 'knife fight' for deposits could spur more bank deals


HouseFreedom Q2 profit climbs YOY

HouseFreedom Co. Ltd. said its normalized net income for the second quarter was ¥7.30 per share, a gain from 76 sen per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥30.0 million, a gain from ¥3.1 million in the prior-year period.

The normalized profit margin increased to 1.9% from 0.2% in the year-earlier period.

Total revenue rose 12.0% on an annual basis to ¥1.60 billion from ¥1.43 billion, and total operating expenses increased 8.9% from the prior-year period to ¥1.54 billion from ¥1.42 billion.

Reported net income totaled ¥27.0 million, or ¥6.57 per share, compared to a loss of ¥2.0 million, or a loss of 49 sen per share, in the year-earlier period.

As of Aug. 11, US$1 was equivalent to ¥124.86.