PENTA-OCEAN CONSTRUCTION CO.,LTD. reported higher revenue and profits in the first quarter of the fiscal year ending March 2027. Revenue was ¥182.2 billion, operating profit was ¥11.1 billion and net profit was ¥7.1 billion, all up year on year, driven by domestic civil engineering and overseas construction. The overseas construction segment, however, remained loss-making.
PENTA-OCEAN CONSTRUCTION CO.,LTD. reported results for the first quarter of the fiscal year ending March 2027. Revenue rose 4.6% year on year to ¥182.2 billion, operating profit increased 8.1% to ¥11.1 billion and net profit rose 3.1% to ¥7.1 billion, with domestic civil engineering and overseas construction driving earnings higher. Losses in the overseas construction segment, however, continued.
In share-price movements, the stock rose from ¥1,342 on 22 October to ¥1,400.5 on 28 October, a gain of 4.4%. A series of positive factors emerged over a short period, supporting the stock's recovery trend.
A Japanese major securities firm was also reported to have raised its price target, to ¥1,800 on 20 October and ¥1,700 on 27 October. These developments coincided with the stock's recent rebound.
According to the summary of the earnings report, the full-year forecast remains unchanged. Longer-term outlook based on the latest earnings report and annual securities report is among the points to monitor for future performance.