In the earnings announced by Mercuria Holdings for the nine months ended September, cumulative third-quarter ordinary profit rose to ¥360 million, 5.2 times the year-earlier level. Meanwhile, the full-year plan is ¥1.5 billion, with progress at only 24.3%.
Consolidated ordinary profit for the nine months ended September reached ¥360 million, 5.2 times the year-earlier level. Results for July-September were ¥250 million, up 12.2% year on year, while the operating profit margin on sales improved from 23.3% to 28.7%.
The full-year ordinary profit plan was left unchanged at ¥1.5 billion, and progress stands at only 24.3%. Based on this, the fourth-quarter outlook would represent a significant decline from the same quarter of the previous fiscal year.