RACCOON HOLDINGS rises after reporting double-digit revenue and profit growth in May-July quarter
RACCOON HOLDINGS, Inc. <3031> gained after releasing its first-quarter (May-July) consolidated financial results after the market close on Aug. 31.
Sales rose 13.9% year-on-year to 1.76 billion yen, while net profit climbed 31.4% to 226 million yen. The strong results were driven by increased promotional investment to expand its customer base, alongside a gain on the sale of investment securities. The earnings report drew buying.
* Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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