In section Market Quotes

System Research Profit Dips to 1.01 Billion Yen

System Research Co. Ltd. saw its net profit slide to 1.01 billion yen for the half-year ending September 30, down from the 1.12 billion yen reported during the same period last year. Despite a rise in total revenue, the Japanese firm faced increased pressure on its bottom-line earnings.

System Research Profit Dips to 1.01 Billion Yen

The company reported revenue of 15.17 billion yen, an increase from the 14.19 billion yen generated in the previous year. However, this top-line growth failed to offset rising costs, as operating profit contracted to 1.46 billion yen compared to 1.52 billion yen a year earlier. Pretax profit followed a similar downward trajectory, settling at 1.47 billion yen from 1.53 billion yen.

Earnings per share for the period declined to 61.11 yen, down from 67.68 yen in the prior fiscal cycle. These results were prepared in accordance with Japanese accounting standards.

Share:on TelegramXFacebook

Subscribe to our newsletter

Once a week — the best stories from our editors, no ads or push notifications. Delivered Sunday morning.

Comments (0)

Leave a comment

No comments yet. Be the first!