bullish
2Q Follow-Up - Kantsu (9326 Jp)
SUMMARY
- Kantsu is a logistics company that supports the high-growth e-commerce industry, specializing in warehouse logistics and handling the entire upstream logistics process, from order processing to delivery.
- The company is also creating a highly profitable business by selling its in-house developed IT system that boosts efficiency to external customers.
- In 1H FY24/2, Kantsu reported net sales of ¥5,619 mn (+10.0% YoY), operating profit of ¥164 mn (-14.1% YoY), ordinary profit of ¥162 mn (-7.4% YoY), and profit attributable to owners of the parent of ¥115 mn (+2.3% YoY).
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