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Unipres fiscal Q3 profit climbs 50.0% YOY

Unipres Corp. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, was ¥74.79 per share, a gain of 68.4% from ¥44.42 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥3.18 billion, a gain of 50.0% from ¥2.12 billion in the prior-year period.

The normalized profit margin climbed to 4.3% from 3.0% in the year-earlier period.

Total revenue increased year over year to ¥73.04 billion from ¥70.94 billion, and total operating expenses came to ¥69.26 billion, compared with ¥68.96 billion in the prior-year period.

Reported net income rose on an annual basis to ¥3.00 billion, or ¥70.63 per share, from ¥561.2 million, or ¥11.77 per share.

As of Feb. 10, US$1 was equivalent to ¥119.28.