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Saint Marc Holdings fiscal Q3 profit climbs YOY

Saint Marc Holdings Co. Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, amounted to ¥50.84 per share, an increase from ¥49.04 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥1.13 billion, an increase from ¥1.10 billion in the year-earlier period.

The normalized profit margin dropped to 7.4% from 8.1% in the year-earlier period.

Total revenue climbed 12.9% year over year to ¥15.33 billion from ¥13.58 billion, and total operating expenses rose 14.5% on an annual basis to ¥13.54 billion from ¥11.82 billion.

Reported net income came to ¥999.0 million, or ¥44.97 per share, compared to ¥1.01 billion, or ¥44.70 per share, in the year-earlier period.

As of Feb. 6, US$1 was equivalent to ¥119.01.