SRE Holdings (2980) Q1 2025 earnings summary

Executive summary

• Net sales rose 18.1% year-over-year to ¥5,067 million for the quarter ended June 30, 2024.

• Operating profit surged 320.6% year-over-year to ¥851 million, with ordinary profit up 387.8% to ¥815 million.

• Profit attributable to owners of parent increased 271.4% year-over-year to ¥497 million.

• Comprehensive income reached ¥535 million, up 282.2% year-over-year.

Financial highlights

• Gross profit increased to ¥2,450 million from ¥1,414 million year-over-year.

• Basic quarterly profit per share was ¥30.92, up from ¥8.28 year-over-year.

• Total assets grew to ¥31,105 million from ¥24,017 million at the previous fiscal year-end.

• Equity ratio decreased to 39.6% from 50.6% at the previous fiscal year-end.

Outlook and guidance

• Full-year net sales forecast at ¥27,000 million, up 11.5% year-over-year.

• Operating profit forecast at ¥3,050 million, up 37.9% year-over-year.

• Profit attributable to owners of parent projected at ¥1,850 million, up 33.2% year-over-year.

• No dividend is planned for the fiscal year.