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MaxValu Tohoku fiscal Q3 loss widens YOY

4916640 said its normalized net income for the fiscal third quarter ended Nov. 30, 2014, amounted to a loss of ¥4.98 per share, compared with a loss of 32 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 a loss of ¥90.6 million, compared with a loss of ¥5.6 million in the prior-year period.

The normalized profit margin declined to negative 0.3% from negative 0.0% in the year-earlier period.

Total revenue climbed 9.1% year over year to ¥26.27 billion from ¥24.09 billion, and total operating expenses rose 9.6% year over year to ¥26.41 billion from ¥24.11 billion.

eported net income came to a loss of ¥488.0 MaxValu Tohoku Co. Ltd.