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Euglena fiscal Q3 profit climbs YOY

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Euglena fiscal Q3 profit climbs YOY

4916119 said its normalized net income for the fiscal third quarter ended June 30 amounted to ¥3.66 per share, a gain from ¥1.57 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥307.9 million, a gain from ¥130.3 million in the year-earlier period.

The normalized profit margin increased to 10.4% from 8.2% in the year-earlier period.

Total revenue grew 86.5% year over year to ¥2.95 billion from ¥1.58 billion, and total operating expenses climbed 79.8% on an annual basis to ¥2.60 billion from ¥1.45 billion.

Reported net income rose from the prior-year period to ¥324.8 million, or ¥3.87 per share, from ¥127.1 million, or ¥1.53 per share.

s of Aug. 12, US$1 was equivalent to ¥100.91.Euglena Co. Ltd.

4916119 said its normalized net income for the fiscal third quarter ended June 30 amounted to ¥3.66 per share, a gain from ¥1.57 per share in the year-earlier period.