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Money Talk

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Arigatou Services Profit Nearly Doubles in First Quarter

Arigatou Services Co. Ltd. reported a significant surge in profitability for the first quarter ending May 31, with net profit climbing to 257 million yen from 143 million yen in the same period last year, according to financial results released under Japanese accounting standards.

Arigatou Services Profit Nearly Doubles in First Quarter

The company’s revenue also saw a healthy expansion, reaching 3.12 billion yen compared to 2.71 billion yen reported in the previous year. This growth trajectory was mirrored in operational performance, as operating profit jumped to 409 million yen from 209 million yen, while pretax profit reached 420 million yen. On a per-share basis, earnings rose to 278.48 yen, up from 155.76 yen a year earlier.

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