Fuji Electric Co., Ltd. Nine Months Profit Advances

Fuji Electric Co., Ltd. (FELTY) announced earnings for its nine months that increased from the same period last year

The company's bottom line came in at ¥55.415 billion, or ¥387.98 per share. This compares with ¥37.255 billion, or ¥260.84 per share, last year.

The company's revenue for the period rose 4.1% to ¥791.064 billion from ¥759.661 billion last year.

Fuji Electric Co., Ltd. earnings at a glance (GAAP) :

-Earnings: ¥55.415 Bln. vs. ¥37.255 Bln. last year.
-EPS: ¥387.98 vs. ¥260.84 last year.
-Revenue: ¥791.064 Bln vs. ¥759.661 Bln last year.

Looking ahead, for the 12-month period to March 31 or the full-year 2024, the company expects a net profit of ¥86 billion or ¥602.12 per share, with an operating profit of ¥111.500 billion, on sales of ¥1.114 trillion.

by RTTNews Staff Writer

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