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Segue Group hit limit-up indication in afternoon session after Q1 operating profit surged 6.4-fold on multiple large-scale project wins
Segue Group <3968> entered the afternoon session on May 13 with a limit-up buy indication of 640 yen, jumping 100 yen from its previous close. The surge followed the company’s first-quarter (January-March) earnings release around 11:30 a.m., which showed revenue of 9,184 million yen, up 91.8% year-on-year, and operating profit skyrocketing 6.4 times to 1,449 million yen. Investor interest was further intensified by a record-high quarterly order intake of 8,619 million yen, a 43.7% increase from the prior-year period. Performance was bolstered by a backlog of massive government projects alongside significant sales to private sector clients, universities, and infrastructure providers.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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