trending Market Intelligence /marketintelligence/en/news-insights/trending/HtQseZ8Uo8Pe9d693GFogQ2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Kose RE Co. swings to profit in fiscal Q3

Gender Parity within German Banks

Blog

Deal Trends in Latin America, Issue 13

Video

Capital Markets View April 2021

Fintech Intelligence Digital Newsletter: April 2021


Kose RE Co. swings to profit in fiscal Q3

Kose R.E. Co. Ltd. said its normalized net income for the fiscal third quarter ended Oct. 31 came to ¥4.61 per share, compared with a loss of ¥3.99 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥37.6 million, compared with a loss of ¥32.0 million in the year-earlier period.

The normalized profit margin increased to 2.3% from negative 4.7% in the year-earlier period.

Total revenue increased year over year to ¥1.64 billion from ¥680.0 million, and total operating expenses grew year over year to ¥1.54 billion from ¥717.0 million.

Reported net income totaled ¥117.0 million, or ¥14.34 per share, compared to a loss of ¥24.9 million, or a loss of ¥3.11 per share, in the year-earlier period.

As of Dec. 11, US$1 was equivalent to ¥121.00.