Geo Holdings Corp. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, came to ¥52.78 per share, an increase of 45.9% from ¥36.18 per share in the year-earlier period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥2.77 billion, an increase of 41.9% from ¥1.96 billion in the prior-year period.
The normalized profit margin rose to 3.6% from 2.7% in the year-earlier period.
Total revenue increased 5.6% on an annual basis to ¥76.25 billion from ¥72.17 billion, and total operating expenses grew on an annual basis to ¥72.18 billion from ¥69.08 billion.
Reported net income increased 63.1% year over year to ¥2.27 billion, or ¥43.13 per share, from ¥1.39 billion, or ¥25.72 per share.
As of Feb. 12, US$1 was equivalent to ¥118.90.
