FELISSIMO reports interim profit above forecast for August half-year period
FELISSIMO CORPORATION <3396> announced after market close on Oct 1 that its consolidated financial results for the Aug interim period showed net sales coming in slightly below plan at 14.147 billion yen, compared with a prior forecast of 14.622 billion yen (down 0.8% year-on-year). Meanwhile, operating profit exceeded guidance at 1.22 billion yen versus a prior forecast of 1.02 billion yen (down 39.6% year-on-year), and net profit also beat expectations, landing at 2.31 billion yen compared with a prior forecast of 1.33 billion yen (up 7.4% year-on-year). While net sales and operating profit came in broadly in line with projections, net profit was boosted primarily by foreign exchange gains.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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