Retail Partners Co. Ltd. said its normalized net income for the fiscal third quarter ended Nov. 30, 2014, came to ¥24.26 per share, compared with ¥24.23 per share in the year-earlier period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥592.3 million, compared with ¥590.9 million in the year-earlier period.
The normalized profit margin declined to 2.6% from 2.8% in the year-earlier period.
Total revenue increased 5.8% on an annual basis to ¥22.36 billion from ¥21.13 billion, and total operating expenses climbed 6.3% on an annual basis to ¥21.48 billion from ¥20.21 billion.
Reported net income grew 7.3% year over year to ¥588.0 million, or ¥24.09 per share, from ¥548.0 million, or ¥22.48 per share.
As of Jan. 13, US$1 was equivalent to ¥118.49.
