Credit Saison Reports Mixed Q1 Results, Optimistic FY2024 Forecast
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Credit Saison Reports Mixed Q1 Results, Optimistic FY2024 Forecast

Credit Saison Co (JP:8253) has released an update.

Credit Saison Co., Ltd. has reported a modest year-on-year increase in net revenue of 16.5% for the first quarter of FY2024, but a slight decline in business profit and profit attributable to owners of the parent compared to the first quarter of the previous year. Despite the mixed performance indicators, the company forecasts a 14.2% increase in net revenue and a 7% increase in business profit for the full fiscal year of 2024, with a notable decrease in basic earnings per share by 28.8%. Additionally, there were no changes in accounting policies, estimates, or significant changes in the scope of consolidation during this period.

For further insights into JP:8253 stock, check out TipRanks’ Stock Analysis page.

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