LIFULL Co.Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2015, came to ¥5.66 per share, an increase of 11.8% from ¥5.06 per share in the year-earlier period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥671.5 million, a gain of 17.8% from ¥570.0 million in the prior-year period.
The normalized profit margin fell to 10.7% from 14.0% in the year-earlier period.
Total revenue rose 53.9% year over year to ¥6.28 billion from ¥4.08 billion, and total operating expenses grew 64.7% on an annual basis to ¥5.20 billion from ¥3.16 billion.
Reported net income rose 17.9% from the prior-year period to ¥693.0 million, or ¥5.84 per share, from ¥588.0 million, or ¥5.22 per share.
As of Feb. 10, US$1 was equivalent to ¥114.87.
