Berg Earth Co. Ltd. said its normalized net income for the fiscal first quarter ended Jan. 31 was a loss of ¥121.1 million.
Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.
The normalized profit margin was 28.7%.
Total revenue totaled ¥422.0 million, and total operating expenses totaled ¥621.0 million.
Reported net income totaled a loss of ¥132.0 million, or a loss of ¥103.95 per share.
As of March 13, US$1 was equivalent to ¥121.18.
