Yamada Servicer Synthetic reports narrower first-quarter net loss
Updated
Updated · MarketWatch · May 11
Yamada Servicer Synthetic reports narrower first-quarter net loss
2 articles · Updated · MarketWatch · May 11
Summary
For the quarter ended 31 March, net loss was Y87 million, while revenue rose to Y428 million from Y424 million and per-share loss improved to Y20.64 from Y22.78.
Operating loss widened to Y103 million from Y99 million, but pretax loss narrowed to Y93 million from Y101 million under Japanese accounting standards.
The Japanese company remained loss-making despite slightly higher sales, with the latest results showing mixed performance across profit measures compared with the same quarter a year earlier.