trending Market Intelligence /marketintelligence/en/news-insights/trending/xdbSTlZSPkiq3AtukfbRaQ2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Twinbird fiscal Q3 profit falls YOY

Blog

Minimizing Risk at a Bank with a Trade Intelligence Platform

Blog

2021 US broadband forecast lifted by rising digital home profiles

Blog

Q1 2021 Global Capital Markets Activity: SPAC IPOs, Issuance in Consumer Discretionary Sector Surge

Blog

Latin American and Caribbean Market Considerations Blog Series: Focus on IFRS 9


Twinbird fiscal Q3 profit falls YOY

Twinbird Corp. said its normalized net income for the fiscal third quarter ended Nov. 30, 2015, amounted to ¥9.46 per share, a decrease of 58.5% from ¥22.78 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥82.5 million, a decline of 58.5% from ¥198.8 million in the year-earlier period.

The normalized profit margin declined to 2.6% from 6.1% in the year-earlier period.

Total revenue fell on an annual basis to ¥3.14 billion from ¥3.25 billion, and total operating expenses decreased 8.1% on an annual basis to ¥3.00 billion from ¥3.27 billion.

Reported net income decreased 53.9% on an annual basis to ¥77.0 million, or ¥8.83 per share, from ¥167.0 million, or ¥19.14 per share.

As of Jan. 14, US$1 was equivalent to ¥118.06.