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Raccoon Co. fiscal Q3 profit climbs 17.8% YOY

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Raccoon Co. fiscal Q3 profit climbs 17.8% YOY

4916521 said its normalized net income for the fiscal third quarter ended Jan. 31 came to ¥3.59 per share, a gain of 11.9% from ¥3.21 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥66.3 million, a gain of 17.8% from ¥56.3 million in the year-earlier period.

The normalized profit margin climbed to 12.7% from 2.1% in the year-earlier period.

Total revenue decreased 80.5% on an annual basis to ¥522.0 million from ¥2.68 billion, and total operating expenses fell 83.9% year over year to ¥418.0 million from ¥2.59 billion.

eported net income rose 76.0% from the prior- Raccoon Co. Ltd.