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Premium Water Holdings posts fiscal Q3 profit

Premium Water Holdings Inc. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, was ¥25.6 million.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin was 1.0%.

Total revenue totaled ¥2.59 billion, and total operating expenses came to ¥2.56 billion.

Reported net income totaled a loss of ¥2.2 million, or a loss of 27 sen per share.

As of Feb. 13, US$1 was equivalent to ¥118.68.