Wise Holdings raised its current-year ordinary profit forecast to a level 33.3% higher than the previous year, above its previous forecast. Ordinary profit totaled ¥420 million for April-September, and a record high for the first time in 5 fiscal years is expected.
Consolidated ordinary profit for April-September of the current fiscal year rose 54.0% year on year to ¥420 million, exceeding the previous forecast of ¥270 million.
The full-year ordinary profit forecast was raised from ¥600 million to ¥800 million, representing expected growth of 33.3%, and the Company is expected to set a record high for the first time in 5 fiscal years.
For the latest three-month period, ordinary profit for July-September rose 66.7% year on year to ¥240 million, while the operating margin on sales improved from 4.5% to 6.4%.
For the second-half outlook, ordinary profit for October-March is calculated at approximately ¥370 million, up 15.7% year on year, and the recovery trend is expected to continue for the full year.)
The sources_paragraphs tag is missing.