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G.taste posts fiscal Q2 profit

G.taste Co. Ltd. said its normalized net income for the fiscal second quarter ended Sept. 30 came to ¥125.6 million.

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

The normalized profit margin was 1.8%.

Total revenue totaled ¥7.01 billion, and total operating expenses totaled ¥6.79 billion.

Reported net income totaled ¥181.4 million, or 75 sen per share.

As of Nov. 14, US$1 was equivalent to ¥116.46.