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Ain Holdings fiscal Q3 profit climbs 26.3% YOY

4913588 said its normalized net income for the fiscal third quarter ended Jan. 31 came to ¥65.91 per share, a gain of 27.0% from ¥51.88 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥2.09 billion, a gain of 26.3% from ¥1.65 billion in the prior-year period.

The normalized profit margin climbed to 4.3% from 3.8% in the year-earlier period.

Total revenue climbed 12.0% on an annual basis to ¥48.17 billion from ¥43.02 billion, and total operating expenses rose 10.8% year over year to ¥44.89 billion from ¥40.52 billion.

Reported net income grew 40.5% from the prior-year period to ¥1.95 billion, or ¥61.37 per share, from ¥1.39 billion, or ¥43.44 per share.

s of March 17, US$1 was equivalent to ¥121.28.Ain Holdings Inc.

4913588 said its normalized net income for the fiscal third quarter ended Jan. 31 came to ¥65.91 per share, a gain of 27.0% from ¥51.88 per share in the year-earlier period.