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.

monex_inside_fy16

The final results for the full year to March 31, 2016 are set to be reported on April 28, 2016.

For the full announcement from Monex, click here.

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Monex Group sees net profit climb 1.6% in FY 2016

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