新日本科学 announced its earnings on 10 November. Consolidated ordinary profit for the first half came to ¥3.08 billion, up 89.4% year on year, and the company also provided an outlook for the second half of the most recent fiscal year ending in March. Consolidated ordinary profit for July-September was ¥1.64 billion, up 48.2% year on year, while the operating profit margin improved sharply from 4.7% to 10.7%.
新日本科学 released its earnings at midday on 10 November, reporting consolidated ordinary profit of ¥3.08 billion for the first half (April-September), up 89.4% year on year. The full-year plan was left unchanged at ¥6.0 billion, with progress reaching 51.4%.
Consolidated ordinary profit for July-September (2Q) was ¥1.64 billion, up 48.2% year on year, while the operating profit margin improved sharply from 4.7% a year earlier to 10.7%.
Based on the company's estimates, consolidated ordinary profit for the second half (October-March) is expected to be ¥2.91 billion, down 30.6% year on year. This was disclosed together with the progress against the full-year plan.
For reference, profit growth was shown to be at a higher level than the average for the past 5 years.