trending Market Intelligence /marketintelligence/en/news-insights/trending/y_1NUiCqB443fHeBsrA7-A2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

ARTE Salon Holdings Q1 profit climbs YOY

Blog

COVID-19 Impact & Recovery: LCD Outlook for H2 2021

Blog

COVID 19 Impact Recovery Media Telecom and Technology Outlook for H2 2021

Blog

COVID-19 Impact & Recovery: Technology Outlook for H2 2021

Blog

COVID-19 Impact & Recovery: Healthcare Outlook for H2 2021


ARTE Salon Holdings Q1 profit climbs YOY

ARTE Salon Holdings Inc. said its first-quarter normalized net income was ¥2.43 per share, a gain from 68 sen per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥24.4 million, a gain from ¥6.9 million in the prior-year period.

The normalized profit margin rose to 1.4% from 0.4% in the year-earlier period.

Total revenue climbed on an annual basis to ¥1.70 billion from ¥1.68 billion, and total operating expenses came to ¥1.68 billion, compared with ¥1.68 billion in the prior-year period.

Reported net income totaled ¥1.0 million, or 10 sen per share, compared to a loss of ¥21.0 million, or a loss of ¥2.09 per share, in the year-earlier period.

As of May 13, US$1 was equivalent to ¥109.14.