In section Market Quotes

Care Service Co. Net Profit Halves Amid Revenue Dip

Care Service Co. Ltd. reported a sharp contraction in its bottom line for the six months ending September 30, with net profit falling to 22 million yen from 49 million yen in the same period last year. The decline reflects broader pressure on the firm’s operating margins throughout the first half.

Care Service Co. Net Profit Halves Amid Revenue Dip

Revenue for the Japanese firm slipped slightly to 4.58 billion yen, compared to 4.61 billion yen a year earlier. Operating profit saw a more significant retreat, dropping to 18 million yen from 27 million yen, while pretax profit settled at 42 million yen, down from 69 million yen. Earnings per share followed the downward trend, reaching 5.86 yen compared to 13.04 yen in the previous year. Despite the earnings slump, the company maintains its year-end dividend forecast of 22 yen per share, consistent with its prior annual payout. These results were prepared in accordance with Japanese accounting standards.

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