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KU Holdings fiscal Q4 profit climbs 9.6% YOY

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KU Holdings fiscal Q4 profit climbs 9.6% YOY

4250709 said its normalized net income for the fiscal fourth quarter ended March 31 came to ¥28.96 per share, a gain of 9.0% from ¥26.56 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥921.9 million, an increase of 9.6% from ¥841.3 million in the prior-year period.

The normalized profit margin rose to 5.0% from 4.8% in the year-earlier period.

Total revenue grew 4.9% year over year to ¥18.31 billion from ¥17.45 billion, and total operating expenses grew from the prior-year period to ¥16.88 billion from ¥16.14 billion.

Reported net income fell 68.0% from the prior-year period to ¥1.08 billion, or ¥33.84 per share, from ¥3.37 billion, or ¥26.48 per share.

For the year, the company's normalized net income totaled ¥77.89 per share, a decline from ¥81.78 per share in the prior year.

Normalized net income was ¥2.48 billion, a decrease from ¥2.59 billion in the prior year.

Full-year total revenue rose from the prior-year period to ¥63.62 billion from ¥61.23 billion, and total operating expenses increased year over year to ¥59.76 billion from ¥57.18 billion.

The company said reported net income decreased 48.3% year over year to ¥2.64 billion, or ¥82.94 per share, in the full year, from ¥5.10 billion, or ¥82.76 per share.

s of June 25, US$1 was equivalent to ¥123.71.KU Holdings Co. Ltd.

4250709 said its normalized net income for the fiscal fourth quarter ended March 31 came to ¥28.96 per share, a gain of 9.0% from ¥26.56 per share in the prior-year period.