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Chita Kogyo fiscal Q3 profit climbs 24.8% YOY

4259834 said its normalized net income for the fiscal third quarter ended Nov. 30, 2014, amounted to ¥29.83 per share, an increase of 24.9% from ¥23.89 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥285.8 million, an increase of 24.8% from ¥228.9 million in the year-earlier period.

The normalized profit margin climbed to 9.3% from 7.5% in the year-earlier period.

Total revenue came to ¥3.08 billion, compared with ¥3.07 billion in the prior-year period, and total operating expenses grew year over year to ¥2.79 billion from ¥2.75 billion.

eported net income increased 75.8% from th Chita Kogyo Co. Ltd.