People Co. Ltd. said its normalized net income for the fiscal second quarter ended July 20 was 14 Japanese sen per share, compared with a loss of ¥3.86 per share in the year-earlier period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥625,000, compared with a loss of ¥16.9 million in the year-earlier period.
The normalized profit margin increased to 0.1% from negative 2.4% in the year-earlier period.
Total revenue climbed 7.2% year over year to ¥760.0 million from ¥709.0 million, and total operating expenses rose on an annual basis to ¥757.0 million from ¥749.0 million.
As of Sept. 3, US$1 was equivalent to ¥104.94.
