Resol Holdings Co. Ltd. said its normalized net income for the fiscal second quarter ended Sept. 30 was ¥26.86 per share, an increase of 25.8% from ¥21.35 per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥149.3 million, an increase of 25.8% from ¥118.6 million in the prior-year period.
The normalized profit margin increased to 3.0% from 2.4% in the year-earlier period.
Total revenue totaled ¥4.91 billion, compared with ¥4.95 billion in the prior-year period, and total operating expenses declined year over year to ¥4.65 billion from ¥4.71 billion.
Reported net income totaled ¥156.0 million, or ¥28.08 per share, compared to a loss of ¥11.0 million, or a loss of ¥1.98 per share, in the year-earlier period.
As of Nov. 14, US$1 was equivalent to ¥116.46.
