Shizuoka Gas reports first-quarter net profit rise
Updated
Updated · MarketWatch · May 11
Shizuoka Gas reports first-quarter net profit rise
2 articles · Updated · MarketWatch · May 11
For the quarter ended 31 March, net profit rose to Y3.62bn from Y3.00bn, while revenue fell to Y53.79bn from Y56.08bn.
Operating profit increased to Y5.28bn from Y4.62bn and pretax profit to Y5.76bn from Y4.70bn, with earnings per share climbing to Y48.03.
The Japanese gas utility said the results were prepared under Japanese accounting standards, showing improved profitability despite lower sales in the latest quarter.
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