trending Market Intelligence /marketintelligence/en/news-insights/trending/XnnJq3Tcg2t5XMCjIGy-tw2 content esgSubNav
In This List

Havix fiscal Q1 profit falls YOY

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix


Havix fiscal Q1 profit falls YOY

Havix Corp. said its normalized net income for the fiscal first quarter ended June 30 was ¥5.69 per share, a decline of 43.6% from ¥10.09 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥44.4 million, a decline of 43.7% from ¥78.8 million in the prior-year period.

The normalized profit margin fell to 1.7% from 3.2% in the year-earlier period.

Total revenue grew on an annual basis to ¥2.56 billion from ¥2.46 billion, and total operating expenses climbed 6.6% year over year to ¥2.49 billion from ¥2.33 billion.

Reported net income fell 42.1% on an annual basis to ¥44.0 million, or ¥5.64 per share, from ¥76.0 million, or ¥9.74 per share.

As of Aug. 8, US$1 was equivalent to ¥101.85.