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Money Talk

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Keihanshin Building Net Profit More Than Doubles in First Half

Keihanshin Building Co. Ltd. reported a significant surge in net profit for the six months ending September 30, reaching 5.78 billion yen compared to 2.45 billion yen during the same period last year. This sharp increase in bottom-line earnings comes despite a notable decline in the company’s operating and pretax profits.

Keihanshin Building Net Profit More Than Doubles in First Half

The Japanese firm saw its revenue edge up slightly to 10.32 billion yen from 10.17 billion yen a year earlier. However, the core business performance faced pressure, with operating profit slipping to 2.53 billion yen from 3.06 billion yen. Pretax profit followed a similar downward trajectory, falling to 2.50 billion yen from 3.08 billion yen.

Diluted earnings per share climbed to 60.52 yen, up from 25.13 yen in the previous year. These financial results were prepared in accordance with Japanese accounting standards.

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