Ceres Inc. (3696.T), a financial services provider, on Friday reported improved earnings in the first nine months of fiscal 2025, backed by 10.1 percent higher net sales.
Profit attributable to owners of parent increased 182.8 percent to 2.39 billion Japanese yen from 845 million Japanese yen a year ago.
Basic earnings per share rose to 207.50 yen from 73.71 yen in the prior year.
EBITDA of the firm climbed 35.9% to 4.91 billion yen from 1.83 billion yen last year.
Net Sales improved to 22.27 billion yen from 20.22 billion yen in the prior year.
Looking ahead to the fiscal year 2025, the firm maintained the earlier announced guidance, expecting net profit to be around 3.35 billion yen or 291.04 yen per share, which is 126.2 percent higher than the prior year.
The company still expects net sales of 28.40 billion yen, up 2.5 from last year.
On the Tokyo Stock exchange, the shares were trading 1.73% lower at 2,165 yen.
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