CYBELE Co. Ltd. said its normalized net income for the fiscal second quarter ended Feb. 28 amounted to ¥33.8 million, a rise from ¥16.9 million in the year-earlier period.
Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.
The normalized profit margin rose to 3.7% from 1.8% in the year-earlier period.
Total revenue came to ¥924.0 million, compared with ¥920.0 million in the prior-year period, and total operating expenses fell from the prior-year period to ¥868.0 million from ¥892.0 million.
Reported net income increased from the prior-year period to ¥35.0 million, or ¥24.36 per share, from ¥15.0 million.
As of April 14, US$1 was equivalent to ¥119.09.
