Kantsu Holdings swung to a consolidated bottom-line loss for the first half and changed its previous full-year profit forecast to undecided. It also posted a loss for June-August, with sales and the operating margin deteriorating from the same period of the previous year.
Kantsu Holdings reported consolidated bottom-line profit of a ¥135 million loss for the cumulative second quarter, March-August, after the market close on 15 October. The same period of the previous year had resulted in a ¥61 million profit. The company withdrew its previous forecast of a ¥266 million full-year bottom-line profit and changed it to undecided.
For the latest three-month period, June-August, consolidated bottom-line profit was a ¥151 million loss, compared with a ¥72 million profit in the same period of the previous year. The operating margin on sales deteriorated from 2.3% in the same period of the previous year to -2.7%.
This article was prepared based on data released by the company. E-Logit and Faiz Holdings are cited as related stocks.