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Sun* Inc. surges for ninth straight session on 2.1x operating profit growth in Q1
Sun* Inc. <4053> shares surged sharply to a new year-to-date high above the 500 yen level, extending their winning streak to nine consecutive sessions after the company announced strong first-quarter financial results following the market close on May 15. For the January-March quarter, revenue rose 24.6% year-on-year to 4.41 billion yen, operating profit jumped 2.1-fold to 622 million yen, and net profit grew 82.8% to 417 million yen. The first-quarter operating profit accounted for 36% of its full-year guidance, sparking buying interest on expectations of future upward revisions. In the Creative & Engineering (C&E) segment, organizational strengthening efforts successfully drove higher order values, while contributions from M&A activities also supported the results.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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