VIA Holdings' consolidated ordinary income turned positive in its first-half results for April-September, with the July-September quarter also turning profitable. Progress toward the full-year plan was approximately 73.1%, and the company maintained its forecast for a profit in the second half.
VIA Holdings released its earnings report, reporting consolidated ordinary income of ¥30.7 million for the first half from April to September. The company had recorded an ordinary loss in the same period a year earlier.
Consolidated ordinary income for the July-September quarter was ¥166 million, while the operating margin on sales improved sharply to 4.5% from -1.4% in the same period a year earlier.
Based on its first-half results and the assumptions underlying its previous full-year plan, the company estimates consolidated ordinary income of ¥113 million for the October-March period, or second half.
The company is maintaining its forecast for a profit in the second half of the current fiscal year, with full-year progress at 73.1%.