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Senshu Electric: Confirmation letter
Senshu Electric: Quarterly Report - 75th Quarter 2 (2024/02/01 - 2024/04/30)
Senshu Electric Lifts Fiscal-Year Forecast, Interim Dividend as Fiscal H2 Profit Climbs 23%
Senshu Electric (TYO:9824) raised its fiscal-year attributable profit forecast and interim dividend after the actual result for the first half climbed 23% from a year earlier, according to a Thursday
Decision on the acquisition of own shares by Quanzhou Electric Co., Ltd.
Quanzhou Denki <9824> announced on the 4th that it has decided on matters related to the acquisition of its own shares. The reason for acquiring its own shares is to carry out a flexible capital policy that responds to changes in the business environment and to improve shareholder returns and capital efficiency. The type of shares to be acquired is common stock of the company, and the total number of shares that can be acquired is 100,000 shares (upper limit) (0.57% of the total number of issued shares excluding treasury stock), the total acquisition cost is up to 500 million yen, and the acquisition period is until 2024.
Quanzhou Electric---2Q revenue increased double digits, significant profit growth, in addition to raising full-year consolidated performance estimates, announced an increase in interim and final dividend payments.
Quanzhou Electric <9824> announced its consolidated financial statements for the second quarter of the fiscal year ending in October 2024 (November 23 to April 24). Revenue increased by 6.9% compared to the same period last year, reaching 66.125 billion yen. Operating profit increased by 18.6% to 5.104 billion yen, ordinary profit increased by 18.8% to 5.327 billion yen, and the quarterly net profit attributable to the parent company's shareholders increased by 22.7% to 3.674 billion yen. In the wire industry related to the company group, the price of copper, which is the main material of wires, was at an average of one ton per period.
Quanzhou Electric: Q2 financial report for the 10-month period ending October 2024 [Japanese standard] (consolidated).
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