trending Market Intelligence /marketintelligence/en/news-insights/trending/RwvkmR-57QhJkO1Azs6F5A2 content esgSubNav
In This List

AT-Group fiscal Q1 profit falls YOY

Blog

Corporate Credit Risk Trends in Developing Markets An Expected Credit Loss ECL Perspective

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Blog

Corporate Credit Risk Trends in Developing Markets: A Loss Given Default (LGD) Perspective

Blog

Q&A: Data That Delivers - Automating the Credit Risk Workflow


AT-Group fiscal Q1 profit falls YOY

AT-Group Co. Ltd. said its normalized net income for the fiscal first quarter ended June 30 came to ¥60.46 per share, a decline of 23.1% from ¥78.59 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥2.03 billion, a decline of 23.1% from ¥2.64 billion in the year-earlier period.

The normalized profit margin declined to 2.4% from 2.9% in the year-earlier period.

Total revenue decreased 7.5% year over year to ¥84.35 billion from ¥91.19 billion, and total operating expenses decreased 6.3% year over year to ¥82.17 billion from ¥87.71 billion.

Reported net income decreased 15.8% on an annual basis to ¥2.28 billion, or ¥67.75 per share, from ¥2.71 billion, or ¥80.45 per share.

As of Aug. 7, US$1 was equivalent to ¥102.16.