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HKS Co. Ltd. fiscal Q3 profit climbs 68.0% YOY

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HKS Co. Ltd. fiscal Q3 profit climbs 68.0% YOY

4283081 said its normalized net income for the fiscal third quarter ended May 31 came to ¥141.15 per share, a gain of 75.0% from ¥80.67 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥108.4 million, a gain of 68.0% from ¥64.5 million in the prior-year period.

The normalized profit margin increased to 5.6% from 3.5% in the year-earlier period.

Total revenue increased 4.9% year over year to ¥1.94 billion from ¥1.85 billion, and total operating expenses totaled ¥1.76 billion, compared with ¥1.75 billion in the prior-year period.

eported net income rose 70.2% year over ye HKS Co. Ltd..