The Chiba Kogyo Bank, Ltd. announced its earnings during afternoon trading on 11 November. Cumulative ordinary profit for the second quarter was ¥8.59 billion, up 24.3% year on year, and the full-year ordinary profit forecast was revised upward, changing from the previous ¥14.6 billion to ¥15.7 billion.
The Chiba Kogyo Bank, Ltd. announced that consolidated ordinary profit for the cumulative second quarter period, April to September, was ¥8.59 billion, up 24.3% year on year. At the same time, the full-year ordinary profit forecast was revised upward, changing from the previous ¥14.6 billion to ¥15.7 billion, expanding the forecast growth rate to 23.5%.
The new full-year forecast includes an upward revision from the previous fiscal year's actual result of ¥12.7 billion. Based on estimates using first-half results and the second-half plan, ordinary profit for the October-March second half is expected to be ¥7.1 billion. This indicates a higher profit level than in the previous forecast.
Ordinary profit for the most recent three months, the July-September period, was ¥4.69 billion, up 53.6% year on year. Compared with cumulative second-quarter results, quarterly growth was particularly strong.