Seino Holdings Foresees Strong Profit Growth

Seino Holdings Co (JP:9076) has released an update.

Seino Holdings Co reported modest growth in its first-quarter financial results with operating revenue increasing by 3.4% and operating profit by 6.3%, despite a 27.9% decline in profit attributable to owners compared to the previous year. The company’s total assets and net assets experienced slight changes, and they maintain a stable equity-to-asset ratio. Looking ahead, Seino Holdings forecasts a 2.5% increase in operating revenue and over 30% growth in operating profit, ordinary profit, and profit attributable to owners for the full fiscal year ending March 2025.

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