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Alpha posts fiscal Q1 profit

Alpha Co. Ltd. said its normalized net income for the fiscal first quarter ended Nov. 30, 2015, amounted to ¥72.5 million.

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

The normalized profit margin was 3.6%.

Total revenue came to ¥2.03 billion, and total operating expenses totaled ¥1.91 billion.

Reported net income totaled ¥70.0 million, or ¥86.98 per share.

As of Jan. 14, US$1 was equivalent to ¥118.06.