Monex Group sees net profit climb 1.6% in FY 2016
International provider of online trading services Monex Group, Inc. (TYO:8698) has earlier today posted its preliminary metrics for the full year to March 31, 2016, with net profit staging a small increase in annual terms.
The Group reported profit attributable to its owners of JPY 3.55 billion ($31.98 million), up 1.6% from the reading of JPY 3.49 billion reported a year earlier. The final quarter of FY 2016 appears to have been better than the third, when the Group suffered a loss, but still lagged behind the results in the first and second quarter of the fiscal year to March 31, 2016.
The profit before income taxes was down 16.6% year on year at JPY 5.1 billion.
Total operating revenues reached JPY 54.2 billion, up 6.3% from the reading of JPY 50.98 billion reported a year earlier.
The final results for the full year to March 31, 2016 are set to be reported on April 28, 2016.