WDI released its earnings after the close of trading on 12 November. First-half ordinary income for April-September increased 2.5-fold year on year to ¥750 million, reaching 58.2% of the full-year forecast of ¥1.3 billion. Ordinary income for July-September increased 4.2% year on year to ¥150 million, while the operating margin on sales improved to 3.4%.
WDI released its earnings after the close of trading on 12 November, reporting consolidated first-half ordinary income for April-September of ¥750 million, up 2.5-fold year on year. The full-year forecast is ¥1.3 billion, representing progress of 58.2%.
Consolidated ordinary income for the latest 3-month period, July-September, increased 4.2% year on year to ¥150 million. The operating margin on sales improved from 1.1% in the same period of the previous year to 3.4%.
Based on the first-half results reported by the company and its unchanged full-year forecast, estimates indicate that second-half ordinary income will fall 49.6% year on year to ¥540 million.
Accordingly, while WDI posted profit growth in the first half, profit levels are expected to slow in the second half.