Updated
Updated · MarketWatch · May 11
Pola Orbis Holdings reports higher first-quarter net profit
Updated
Updated · MarketWatch · May 11

Pola Orbis Holdings reports higher first-quarter net profit

6 articles · Updated · MarketWatch · May 11
  • Net profit rose to Y2.46 billion from Y1.31 billion in the quarter ended 31 March, while pretax profit increased to Y6.26 billion from Y2.47 billion.
  • Operating profit climbed to Y4.93 billion from Y4.15 billion, despite revenue slipping to Y40.83 billion from Y41.31 billion.
  • Per-share earnings nearly doubled to Y11.13 from Y5.92, with results prepared under Japanese accounting standards.
With profits soaring but revenue falling, is Pola Orbis's pivot from China a masterstroke or a temporary illusion?
Despite strong profits, why did a major bank issue a 'Sell' rating on Pola Orbis amid its new strategic push?
Can Pola Orbis's classic J-beauty approach win in Southeast Asia against the dominance of trendy Korean rivals?