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Fruta Fruta posts fiscal Q3 loss

Fruta Fruta Inc. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, came to a loss of ¥51.9 million.

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

The normalized profit margin was 7.2%.

Total revenue came to ¥720.0 million, and total operating expenses came to ¥826.0 million.

Reported net income totaled ¥38.0 million, or ¥34.86 per share.

As of Feb. 13, US$1 was equivalent to ¥118.68.